Barclays, Goldman Sachs expect Fed to cut rates in July

BlockBeats News, on May 3rd, Friday, the strong non-farm payroll data released prompted both Goldman Sachs and Barclays to hold a consensus: the next rate cut by the Fed may have to wait until at least July. Goldman Sachs still projects three 25-basis-point rate cuts in 2025, scheduled for July, September, and December, but also warns that if future job data remains robust, the timing of the rate cuts may be further delayed. (Wall Street News)