Goldman Sachs·Barclays "Federal Reserve, High Possibility Of Rate Cut In July"

Imminent Interest Rate Cut Anticipated For The US Federal Reserve (Source: Brookings Institution)

Goldman Sachs And Barclays Anticipate That The US Federal Reserve (Fed) Will Cut The Base Interest Rate In July. According To Reuters, The Two Global Investment Banks Concluded That Based On Recent Remarks By The Fed And Employment And Price Trends, There Is A High Possibility Of Holding Rates Steady In The June Meeting And Starting A Gradual Rate Cut Cycle From July.

Goldman Sachs Is Forecasting A Total Of Two Interest Rate Cuts Within The Year, While Barclays Analyzed That "If An Economic Indicators Slowdown Clearly Appeared, The Fed Could Respond Early." This Coincides With The Increasing Internal Fed Discussion About The Need For Interest Rate Cuts.