Wu Blockchain (@WuBlockchain): WSJ: Goldman Sachs now expects the Fed to begin cutting rates in September, earlier than its previous forecast of December, with a total of 75 basis p…
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WSJ: Goldman Sachs now expects the Fed to begin cutting rates in September, earlier than its previous forecast of December, with a total of 75 basis points in reductions this year. It cites smaller-than-expected tariff effects and stronger disinflationary forces, and believes Fed officials likely see tariffs as a one-off price level adjustment. https://t.co/uKM0jgUyzs