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Goldman Sachs Now Sees Three Fed Rate Cuts in 2025 Amid Soft Labor Market

Jul 01, 2025, 12:45 a.m. ET

AsianFin -- Goldman Sachs expects the U.S. Federal Reserve to implement three consecutive quarter-point interest rate cuts this year, citing limited inflation impact from tariffs and signs of labor market weakness.

In a note released Monday, the Wall Street firm revised its forecast, now projecting 25-basis-point reductions in September, October, and December—up from its previous estimate of a single cut in December.

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