According to ChainCatcher, Nick Timiraos, the Federal Reserve's mouthpiece, 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% projection under a "less aggressive tariff" scenario. Despite rising inflationary pressures, 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.
Nick Timiraos: Still expecting the Fed to cut interest rates three times in the second half of the year
This article is machine translated
Show original
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
Share
Relevant content





