Goldman Sachs predicts three rate cuts by the Fed in the second half of the year

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On March 31, despite Goldman Sachs currently predicting that the core Personal Consumption Expenditures (PCE) growth rate will rise to 3.5% this year, compared to the previous expectation of 3.0% for lower tariffs.

At the same time, Goldman Sachs expects 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.

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