Fed’s Just Warming Up Goldman Sees More Rate Cuts Coming

Fed’s Just Warming Up Goldman Sees More Rate Cuts Coming

Goldman Sachs sees more Fed rate cuts coming, as labor market risks grow and Powell signals a shift toward a dovish stance.

10-year Treasury yield eases slightly as Fed sees more rate cuts ...

Breakfast briefing: A Fed rate cut, but also rising imposed uncertainty

Fed cuts but can't shake White House corrosion; US housing starts tumble; Canada cuts; Eyes on Australian labour market, NZ GDP; UST 10yr at 4.07%; gold soft, oil holds; NZ$1 = 59.7 USc; TWI-5 = 66.5

More rate cuts eyed as Fed zeroes in on soft labor market

Federal Reserve Chairman Jerome Powell said there was a "high degree of unity" among committee members during this week's Federal Open Market Committee vote. Out of 12 FOMC members, 11 voted for a 25 basis point cut.