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Bitcoin.com 2023-08-15 06:30:11

Goldman Sachs Expects Fed to Start Cutting Interest Rates in Q2 Next Year

Goldman Sachs has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. The global investment bank’s economists also expect the Fed officials to forego hiking rates at their upcoming meeting. “We are penciling in 25 basis points of cuts per quarter but are uncertain about the pace,”

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