Goldman Sachs forecast and rate cuts
Publish Date : 2019/08/06 - 04:46

According to CNBC, China and the United States are unlikely to reach a trade deal before 2020 and ahead of the next presidential election, such doubts will lead the US Federal Reserve to cut interest rates by the end of the year. The Federal Reserve recently cut rates by 25%.

According to Goldman Sachs forecasts, there is a 70% likelihood of a 25% drop in September and a 50% chance of drop in October.

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