Goldman Sachs analysts anticipate that the Federal Reserve will cut interest rates at its December meeting, citing a weakening labor market and risk management needs. The firm's Fixed Income, Foreign Exchange, and Commodities division highlighted that market pricing already reflects this expectation, making a rate cut a likely outcome. Analysts suggest that this move would allow for a reassessment in January after evaluating additional labor market data, aligning with market consensus and strategic risk management.
Goldman Sachs Predicts December Rate Cut by Federal Reserve
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