BlockBeats news, on May 5, Goldman Sachs expects the Federal Reserve to cut interest rates by 25 basis points in July, September, and October due to the recession risks posed by tariffs and trade uncertainties.
Goldman Sachs chief economist Jan Hatzius stated that the Federal Reserve's stance is more cautious than the market expects. Although the threshold for rate cuts is higher than in 2019, Goldman Sachs believes that despite high inflation, a rising unemployment rate may still prompt the Federal Reserve to take action.
