Goldman Sachs expects the Fed to deliver 25bps cuts in June and September (vs. prior forecast of cuts in March and June)

Goldman Sachs expects the Fed to deliver 25bps cuts in June and September (vs. prior forecast of cuts in March and June)

Goldman Sachs now projects that the Federal Reserve will implement 25 basis point cuts in June and September rather than in March and June as previously forecasted. This adjustment signals a potentially more dovish stance on monetary policy, which could influence market expectations and sentiment regarding interest rates and the stronger dollar. Watch for reaction in fixed income and Forex markets as participants recalibrate their rate outlooks accordingly.