Goldman Sachs said it expects the Fed to implement 25 basis points of rate cuts at each meeting from November 2024 to June 2025, after previously forecasting quarterly rate cuts in 2025
Goldman Sachs said it still expects the Fed to cut rates by 25 basis points next week and at each of its meetings for the rest of the year, in November and December
With the Federal Reserve expected to cut interest rates for the first time in September, UBS N said investors should "act now and let the cash work " because attractive yields on "prime fixed income " are unlikely to last long