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Benzinga

Business

Piero Cingari

Get Ready For Five Fed Cuts, Markets Got It All Wrong: Goldman Sachs

Goldman Sachs Gold David Mericle Powell the Federal Reserve Christopher Waller Inflation US Federal Reserve

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Goldman Sachs is doubling down on its dovish rate path forecast, saying the Federal Reserve is poised to deliver five interest rate cuts through the end of next year—three in 2025 and two more in 2026—a significantly more aggressive easing cycle than markets are currently pricing in.

SPDR Gold Trust (NYSE:GLD) ETF has rallied 26% year-to-date. See real-time price here.

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Top stories on inkl right now

Trump heads to Nebraska in attempt to shore up GOP’s midterm vote – US politics live

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Alito Hints That The Dobbs Knew A Member of the Majority Would Be Subject To Assassination

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