Wall Street Economists Forecast Two Rate Cuts by the Federal Reserve in 2024, with More Rate Relief Expected in 2025
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#df25ce9f ver:0.36

Wall Street economists forecast two rate cuts by the Federal Reserve in 2024, with more rate relief expected in 2025. Goldman Sachs CEO predicts no rate cuts this year, citing a fragile US economy and global sluggishness. However, Federal Reserve Bank of Boston President remains optimistic about achieving a Goldilocks economy. Goldman Sachs expects economic growth to outperform, with the Fed cutting rates by 50 basis points. Wall Street economists project two rate cuts this year, with over 50% expecting a cut in September. The prediction has impacted the price of Bitcoin, which has fallen. Traders have reduced bets on rate cuts after cautious minutes from the Federal Reserve's policy meeting. Solomon's remarks provide valuable perspectives for navigating uncertain economic terrain. #FederalReserve #RateCuts #Economy #Bitcoin...

#newstr #FederalReserve #RateCuts #Economy #GdpGrowth #Inflation 

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