Goldman Sachs: Expects the Federal Reserve to Cut Interest Rates Three Times in 2025

According to Walter Bloomberg, Goldman Sachs expects the Federal Reserve to cut interest rates by 25 basis points in July, September, and October due to recession risks stemming from tariffs and trade uncertainty.

Goldman Sachs Chief Economist Jan Hatzius stated that the Federal Reserve's stance is more cautious than the market anticipates. Although the threshold for rate cuts is higher than in 2019, Goldman Sachs believes that despite higher inflation, a rising unemployment rate may still prompt the Federal Reserve to take action.