• Goldman Sachs expect a Federal Reserve rate cut now in December, instead of in July

    Source: Buzz FX / 12 May 2025 14:05:28   America/Los_Angeles


    Goldman Sachs citing trade war developments:
    - In light of these developments and the meaningful easing in financial conditions over the last month, we are raising our 2025 growth forecast by 0.5pp to 1% Q4/Q4 and reducing our 12-month rece
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