Goldman Sachs: One more rate cut and then the Fed is done

[tacobell fan]

• Goldman Sachs estimates an 80% probability of another rate cut this year to wrap up the Fed’s easing cycle.
• Powell’s “language we see as consistent with our expectation that easing will end with a second 25bp cut,” said Goldman Sachs chief economist Jan Hatzius.
• While Hatzius expects a second cut at the September central bank meeting, he continues “to see little need for it.”

[r2d2]

'Fed is done' .. translates to Powell is gone???

[tacobell fan]

8 minutes ago, r2d2 said:

'Fed is done' .. translates to Powell is gone???

ayina potharu sar