Goldman Sachs Forecasts Three Fed Rate Cuts in 2025

Financial giant Goldman Sachs anticipates three Federal Reserve interest rate cuts in 2025, driven by weak US job growth and stable unemployment rates. Analysts predict these cuts, potentially impacting crypto markets positively, to occur in September, October, and December. The rationale rests on sluggish employment figures and the muted impact of tariffs on inflation. Chief Economist Jan Hatzius stated that the Fed funds rate will likely settle between 3.50% and 3.75%, reflecting a gradual reduction after years of raising rates.