Federal Open Market Committee

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Goldman Sachs all but guarantees the Federal Reserve is about to cut interest rates 

Jul 11, 2019By

Analysts from Goldman Sachs told clients this week that it’s basically a done deal that the Federal Reserve will cut its benchmark interest rate later this month. In the report, the Goldman Sachs analysts say that there’s a 90% chance of a rate cut coming out of the next meeting of the Federal Open Market Committee, which is set for July 30-31.

3d rendering of a row of luxury townhouses along a street

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