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Rate Cuts On The Horizon: Goldman Sachs Forecasts Q2 2024 Reduction With Current Hawkish-Hold Climate In Mind
Monday, August 14, 2023 - 8:50am | 485Goldman Sachs economists including David Mericle and Jan Hatzius say the Federal Open Market Committee (FOMC) should initiate rate cuts in the second quarter of 2024. The central bank’s decision is expected to align with a period when core PCE inflation, the Federal Reserve’s favored...