Snippet of info from Goldman Sachs. Their projection for Federal Open Market Committee (FOMC) rate cuts this year:

  • now expect 75 basis points of cuts in 2025
  • down from projecting 100
  • GS say they see underlying inflation trending lower
  • GS add that they are skeptical that Trump's likely policy change will lead to higher interest rates
This article was written by Eamonn Sheridan at www.forexlive.com.