Although Goldman Sachs currently expects core personal consumption expenditures (PCE) growth to rise to 3.5% this year, compared to previous expectations for lower tariffs of 3.0%.
But at the same time, Goldman Sachs expects the Federal Reserve to cut interest rates three times in the second half of this year in response to the impact on economic growth and employment.
Goldman Sachs expects the Federal Reserve to cut interest rates three times in the second half of the year
2025-03-31 04:43:25
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