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Benzinga
Benzinga
Business
Rishabh Mishra

JP Morgan, Goldman Sachs Predict Fed Will Cut Rates In December

Federal Reserve Chair Jerome Powell, Fedshutterstock_2284599845

JP Morgan and Goldman Sachs have realigned their interest rate outlooks, now forecasting that the Federal Reserve will deliver a quarter-point cut after its Dec. 9-10 meeting.

JP Morgan Reverses On Earlier Stance On Rate Cuts

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