Goldman Sachs moves their next Fed rate cut from December to September

Goldman Sachs has moved it next to Fed rate cut from December to September. Earlier today Fed’s Bostic said that he expects one rate cut in 2024 and that the Fed was not in a hurry to cut rates. Other Fed officials including Feds Bowman and Waller have not ruled out a July rate cut if inflation comes in tame once again in June.

This article was written by Greg Michalowski at www.forexlive.com.