Goldman Sachs Asset Management’s Simon Dangoor noted most FOMC members expect two more rate cuts in 2025, unless unexpected inflation or job market shifts alter the Fed’s easing stance.
Simon Dangoor of Goldman Sachs Asset Management said that most Federal Open Market Committee members anticipate two additional rate cuts this year, signaling that dovish policymakers currently dominate. He emphasized that only an unexpectedly sharp rise in inflation or a major improvement in the job market could lead the Federal Reserve to deviate from its current easing trajectory.