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Goldman Sachs: Fed expected to cut interest rates by 25 basis points in December

Whitney Watson, co-head of fixed income and liquidity solutions at Goldman Sachs Asset Management, expects the Fed to cut rates by 25 basis points in December. "However, with stronger data and the uncertain nature of fiscal and trade policy, there is a growing risk that the Fed may choose to slow the pace of easing," Mr. Watson said. "The word'skip 'could enter our vocabulary in 2025."