Goldman Sachs expects September Fed charge reduce, as much as 50bp if jobs mkt slips additional
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Goldman Sachs expects the Federal Reserve to start slicing charges in September, projecting three straight 25 foundation level reductions.
Nevertheless, the financial institution says a bigger 50bp reduce is feasible if the following jobs report exhibits an extra rise in unemployment.
This text was written by Aaron Cutchburt at investinglive.com.
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