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Goldman pencils in first Fed rate cut for second quarter of 2024

“The cuts in our forecast are driven by this desire to normalize the funds rate from a restrictive level once inflation is closer to target,� Goldman economists including Jan Hatzius and David Mericle wrote in a note dated Sunday.

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​ â€œThe cuts in our forecast are driven by this desire to normalize the funds rate from a restrictive level once inflation is closer to target,â€� Goldman economists including Jan Hatzius and David Mericle wrote in a note dated Sunday. “The cuts in our forecast are driven by this desire to normalize the funds rate from a restrictive level once inflation is closer to target,â€� Goldman economists including Jan Hatzius and David Mericle wrote in a note dated Sunday.  Moneycontrol Latest News Read More  

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