Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.
Goldman Sachs added a half point to its estimation on where Fed interest rates will settle once the central bank starts cutting rates.
The bank still expects rate cuts will start in the fourth quarter of next quarter, and proceed at a pace of one cut per quarter, but now they will end in the second quarter of 2026 under its new forecast.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Goldman's chief economist downplays recession fears from past Fed rate hikes‘Biggest negative impact is already behind us,’ Hatzius says
Read more »
Fed’s Harker: Next Fed rate choice 'could go either way' depending on dataCommenting on the US Federal Reserve (Fed) interest rate outlook, Philadelphia Fed President Patrick Harker said that the “next Fed rate choice 'could go either way' depending on the data.” Additional quotes Supported steady interest rate stance at latest FOMC meeting .
Read more »
Beyond Meat’s stock dips on drop in sales, weak revenue guidanceEmily Bary is a MarketWatch news editor based in New York.
Read more »
Beyond Meat’s reports narrowing loss but declining salesEmily Bary is a MarketWatch news editor based in New York.
Read more »
HubSpot clears Wall Street’s bar on earnings and its stock moves higherEmily Bary is a MarketWatch news editor based in New York.
Read more »
Topgolf Callaway Brands shares tumble after cut to full-year forecastBill Peters is a Los Angeles-based MarketWatch reporter who covers earnings.
Read more »