(Reuters) – Goldman Sachs now expects the U.S. Federal Reserve to deliver three quarter point interest rate cuts this year, citing tariff uncertainty.The Wall Street brokereage expects three consecutive cuts this year in July, September, and November, compared to its previous forecast of two cuts in June and December, it said in a note on Sunday.
(Reporting by Joel Jose in Bengaluru; Editing by Rashmi Aich)
Comments