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Goldman Sachs: Fed Expected to Keep Rates Unchanged Next Week, Will Start Cutting Rates Due to Slowing Job Market
Summary: According to reports, Goldman Sachs predicts that the Federal Reserve will keep rates unchanged next week and begin cutting rates in the remaining three meetings of 2025, due to pressure from a slowing job market. Private sector hiring is nearing a standstill, posing risks of exacerbating the slowdown; meanwhile, consumer spending has been stagnant for ...
According to reports, Goldman Sachs predicts that the Federal Reserve will keep rates unchanged next week and begin cutting rates in the remaining three meetings of 2025, due to pressure from a slowing job market. Private sector hiring is nearing a standstill, posing risks of exacerbating the slowdown; meanwhile, consumer spending has been stagnant for six consecutive months, a situation extremely rare outside of an economic recession. Goldman Sachs also forecasts two more rate cuts by the Fed in early 2026.
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Link: Goldman Sachs: Fed Expected to Keep Rates Unchanged Next Week, Will Start Cutting Rates Due to Slowing Job Market [Copy]
