Nick Timiraos: Goldman Sachs raises core PCE expectations, still expects the Fed to cut interest rates three times in the second half of the year

avatar
ODAILY
03-31
This article is machine translated
Show original
Planet Daily News: The Federal Reserve's mouthpiece Nick Timiraos posted on X platform that Goldman Sachs now expects the core PCE to rise to 3.5% in 2025, higher than the previous 3.0% under a "less aggressive tariff" scenario. Despite the upward inflation pressure, Goldman Sachs still anticipates that the Federal Reserve will cut interest rates three times in the second half of this year to address the impact on economic growth and employment.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Followin logo