Goldman Sachs: Expects the Fed to Hold Rates Next Week, Will Cut Later on Slowing Job Market
By: theblockbeats.news|2025/07/22 23:32:18
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BlockBeats News, July 22nd. Goldman Sachs predicts that the Federal Reserve will keep rates unchanged next week and will begin cutting rates in the remaining three meetings of 2025, as the slowing job market puts pressure on policymakers. The current private sector hiring has neared a "standstill pace," with a risk of exacerbating the slowdown; meanwhile, consumer spending has been stagnant for six consecutive months, a situation extremely rare outside of an economic recession. Goldman Sachs also expects the Fed to cut rates twice again in early 2026.
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