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MonetaryPolicyForecast
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🏩📉 Global investment bank Goldman Sachs' economists Jan Hatzius and David Mericle have put forth their prediction that the US Federal Reserve (Fed) will embark on a journey of interest rate reductions starting from the end of June next year. In their investment note released on the 13th, the economists stated, "As the target inflation indicator approaches, the Fed will strive to normalize the previously raised benchmark rate." They further elaborated, "We anticipate a gradual reduction of 25 basis points per quarter, although the pace of these reductions remains uncertain. Ultimately, we expect the US benchmark rate to stabilize within the range of 3% to 3.25%." This projection reflects their insight into the potential monetary policy shifts in the coming months. 🏩📉 #GoldmanSachsPrediction #FedInterestRates #MonetaryPolicyForecast
🏩📉 Global investment bank Goldman Sachs' economists Jan Hatzius and David Mericle have put forth their prediction that the US Federal Reserve (Fed) will embark on a journey of interest rate reductions starting from the end of June next year. In their investment note released on the 13th, the economists stated, "As the target inflation indicator approaches, the Fed will strive to normalize the previously raised benchmark rate." They further elaborated, "We anticipate a gradual reduction of 25 basis points per quarter, although the pace of these reductions remains uncertain. Ultimately, we expect the US benchmark rate to stabilize within the range of 3% to 3.25%." This projection reflects their insight into the potential monetary policy shifts in the coming months. 🏩📉 #GoldmanSachsPrediction #FedInterestRates #MonetaryPolicyForecast
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