Goldman Sachs Expects Fed to Cut Interest Rates Three Times in the Second Half

BlockBeats News, March 31st, according to Federal Reserve Whisperer Nick Timiraos, despite Goldman Sachs currently expecting this year's core personal consumption expenditure (PCE) growth rate to rise to 3.5%, up from the previous expectation of 3.0% due to lower tariffs.

However, at the same time, Goldman Sachs expects the Federal Reserve to cut interest rates three times in the second half of this year to address the impact on economic growth and employment.