Goldman Sachs Forecasts Fed Rate Cuts in 2025

Investment giant Goldman Sachs has revised its forecast for the Federal Reserve, predicting three interest rate cuts in 2025. These cuts are expected to occur in September, October, and December, according to the research team led by Chief Economist Jan Hatzius. The decision is driven by weakening tariff impacts and a softening labor market. This forecast could potentially enhance risk sentiment and affect cryptocurrency markets like Bitcoin and Ethereum.