Goldman Sachs "US Fed Expected to Cut Rates by 25bp Each in June and December This Year"
JH Kim
Summary
- Goldman Sachs reported that the US Fed is expected to cut rates by a total of 50bp this year.
- This is a reduction from Goldman Sachs' previous forecast of 75bp.
- They also noted that the Fed is expected to cut rates by 25bp each in June and December, highlighting the need for attention.
According to Bloomberg on the 10th (local time), Goldman Sachs stated, "The Federal Reserve (Fed) is expected to cut rates by a total of 50bp this year," adding, "The previous forecast was 75bp." They also added, "The Fed is predicted to cut rates by 25bp each in the meetings in June and December." 
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
