🚀Barclays and Goldman Sachs expect the Federal Reserve to lower interest rates in July after a strong rise in non-farm payrolls
🦷$BROCCOLI714 🦷$PUNDIX 🦷$STO 🦷
On May 3, news agency #mansooralrhyb reported that the strong non-farm payroll data released on Friday, May 3, prompted two major financial institutions, Goldman Sachs and Barclays, to make the same prediction: the U.S. Federal Reserve may have to wait until at least July before lowering interest rates. Goldman Sachs still expects a 25 basis point cut three times in 2025, in July, September, and December, but also warned that if future employment data is strong again, the timing of the rate cuts may be delayed further. (Wall Street News)
