News

Bloomberg on MSN1h
Expect Three Fed Cuts This Year, Goldman's Dibo Says
Goldman Sachs' Matheus Dibo says the US labor market is showing "signs of softness." Speaking on Bloomberg Television, Dibo ...
Banking Dive17h
Goldman, Citi, BofA CEOs back a free Fed as Trump weighs Powell options
The president reportedly brandished a letter firing the Fed chair, then backed off, saying he likely wouldn’t dismiss him ...
'A dreadful idea': Why Wall Street's brightest minds hate the idea of Trump firing Fed Chair Powell
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the need for Fed independence.
'That's the million-dollar question': Wall Street divided on Fed rate cuts as tariff uncertainty lingers
Wall Street debates the Fed's next move as tariff and inflation uncertainty mount ahead of this week's CPI report.
Morningstar17d
Goldman Sachs now sees the next Fed rate cut coming months earlier
Goldman expects another two 25 basis point reductions in 2026, taking the Fed's terminal rate - or the rate at which this cycle of cutting ends - to 3.0% to 3.25%. The Wall Street bank had ...
Inflation accelerated in June as the Fed weighs the impact of tariffs in rate cut timing
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
Wall Street Lunch: Goldman Trading Desk Got Its Mojo Workin'
The New York Times said Trump waved a draft letter firing Powell at an Oval Office meeting late Tuesday. Trump had gathered a ...
Reuters17d
Goldman Sachs raises Fed rate cut forecast to three in 2025
Goldman Sachs on Monday raised its projection for U.S. interest rates in 2025 to three-quarter-point cuts because of muted tariff effects and labor market weakness.