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Goldman Sachs: The Fed Will Cut Interest Rates by 25BP per Quarter in Q2 Next Year

Goldman Sachs stated in a research report released in the early hours of the 14th that our baseline prediction is that the Federal Reserve's FOMC will begin lowering the federal funds rate in the second quarter of 2024. We expect a quarterly rate cut of 25 basis points. If the FOMC is more confident that inflation will not return, it can cut interest rates at a faster pace.

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