The firm is changing up their call after the Fed moved more aggressively to start things off with a 50 bps rate cut here. Their previous call was for the Fed to only perform quarterly cuts in 2025. But now, they are expecting the Fed to go with 25 bps rate cuts at each of the meetings in January, March, May, and June.
Goldman Sachs now sees Fed cutting by 25 bps at each meeting until June next year
- That will begin with a 25 bps rate cut in November next
