*Walter Bloomberg
*Walter Bloomberg|Jul 22, 2025 14:51
GOLDMAN EXPECTS FED RATE CUTS AS JOB MARKET SLOWS Goldman Sachs expects the Fed to hold rates steady next week, then cut rates at its remaining three 2025 meetings as the slowing job market pressures policymakers. Private-sector hiring is near "stall speed," risking a self-reinforcing slowdown, while consumer spending has stagnated for six months, a pattern rarely seen outside recessions. Goldman also sees two more cuts in early 2026.(*Walter Bloomberg)
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