An ICYMI from Goldman Sachs Asset Management (GSAM), bullish on Federal Open Market Committee (FOMC) rate cuts ahead. Info comes via Reuters.
- “It’s absolutely a soft landing … as the data comes through, that’s what we’re seeing.”
- expect the Fed to begin cutting in September
- rate cuts could then continue @ 25 basis points per quarter
This article was written by Eamonn Sheridan at www.forexlive.com.
