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Goldman Sachs: Powell's speech was moderate, maintaining the forecast of two rate cuts this year

Goldman Sachs: Powell's speech was moderate, maintaining the forecast of two rate cuts this year

CointimeCointime2024/05/02 01:19
By:Cointime

Goldman Sachs stated in a research report that Fed Chairman Powell's remarks at the press conference were moderate. We maintain our expectations and continue to anticipate that the Fed will cut interest rates twice this year, in July and November, respectively.

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