JUST

2024

Bank AI

April

Goldman Sachs Economic Research predicts that the FED will make a series of interest rate cuts starting this March. Chief economist Jan Hatzius announced in a note that the financial institution predicts a total of five interest rate cuts throughout 2024.
This forecast is more conservative compared to money markets, which are pricing in a 166 basis point cut for 2024. That amounts to more than six rate cuts of 25 basis points each, according to Refinitiv data.
Hatzius also said, “The European Central Bank will follow in April and the Bank of England in May, and our views on both central banks are somewhat dovish relative to market pricing.”
Related News: <a href="https://en.bitcoinsistemi.com/just-in-us-is-willing-to-delay-terraform-labs-case-for-do-kwons-extradition/" target="_blank" rel="noopener noreferrer nofollow">JUST IN: US is Willing to Delay Terraform Labs Case for Do Kwon's Extradition</a>
Hatzius added that although global core inflation increased modestly on a one-month basis in December, the three-month annualized rate slowed further to 2.0%.
The FED left interest rates constant in the decisions it made after the meetings held in December. While some analysis companies argue that the first interest rate cut will come in the summer, others expect a definite cut in March.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/goldman-sachs-economists-predicted-when-and-how-many-times-the-fed-will-cut-interest-rates-in-2024/" rel="noopener noreferrer nofollow">Goldman Sachs Economists Predicted When and How Many Times the Fed Will Cut Interest Rates in 2024</a>

Goldman Sachs Economists Predicted When and How Many Times the Fed Will Cut Interest Rates in 2024

Bitcoin Sistemi EN

Other articles published on Jan 16, 2024

Chainlink (LINK) Price Can Rally To $20 As Exchange Supply At 4-Year Low

Bitcoin’s Next Move Could Unleash $200 Million in Liquidations, Warns Analyst

Terra Luna Classic’s trading volume revitalized by recent security upgrade

SubQuery Releases Network Roadmap for 2024

Argentine President Javier Milei Signals Support for Provinces Launching Their Currencies

Polygon Foundation Under Scrutiny Due to MATIC Allocation Concerns

Join our free newsletter for daily crypto updates!