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Goldman Sachs: Expects Fed to Resume Rate Cut Later This Year

2 hours ago

On January 29, Goldman Sachs analyst Kaie Hayashida said that given strong economic data and signs of stabilization in the labor market, the Federal Reserve is likely to keep its current policy on hold temporarily. That said, we anticipate rate cuts will resume later this year as slowing inflation enables the Fed to deliver two additional "normalization" rate cuts, pushing rates back to the neutral level as viewed by Federal Open Market Committee (FOMC) members. (FXStreet)
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