On March 31, although Goldman Sachs currently expects core personal consumption spending (PCE) growth to rise to 3.5% this year, compared with a previous estimate of 3.0% for lower tariffs, according to the Federal Reserve’s Mickey Bucket Nick Timiraos.
But at the same time, Goldman Sachs expects the Federal Reserve to cut interest rates three times in the second half of this year to cope with the impact of economic growth and employment.
No comments yet