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ICYMI - Goldman Sachs pushes back expectation of first Fed rate cut to Q4 2024 (from Q2)

If you didn't get the memo its 'higher for longer' for the Federal Reserve:Forexlive Americas FX news wrap 20 Sep: Fed keeps steady but shifts to higher for longerJustin posted on the Goldman Sachs rate cut expectation revision here:Goldman Sachs pushes back expectation of first Fed rate cut to Q4 2024Goldman Sachs were previously forecasting the first FOMC cut in Q2 of 2024. Adding in a little more now from GS analysts:participants appeared to move away from the view that monetary policy tighte... Read More

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Posted: Sep 21 2023, 21:20

Author Name: forexlive

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