Barclays and Goldman Sachs expect the Federal Reserve to cut interest rates in July."
Internet reported that the strong non-farm payrolls data released on Friday led Goldman Sachs and Barclays to make the same expectation: the next time the Federal Reserve cuts interest rates may wait until at least July. Goldman Sachs still expects three 25 basis point rate cuts in 2024, in July, September and December, but also warned that if future employment data becomes strong again, the rate cut may be further delayed. (News from Wall Street)
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