Goldman Sachs Made an Updated Forecast for the Fed’s Interest Rate Policy

Banking giant Goldman Sachs has moved its expectation of the Fed’s interest rate cut to the third quarter of next year.

Goldman Sachs says the US Federal Reserve will decide next year double interest rate reduction waiting for him to do it. The bank said the first interest rate cut next December the expectation that it will be to the third quarter carried it.

The Fed left its policy rate unchanged last month. in the range of 5.25-5.50 percent it kept. The central bank kept the policy rate unchanged for two consecutive meetings.

Fed’s interest rate decisions, such as dollar, gold, cryptocurrency It can directly affect the price of assets.

The central bank held the last interest rate meeting of this year On 12-13 December will make. The interest rate decision is expected to be announced on December 13 at 21:00 CET.

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