On September 14th, Goldman Sachs analysts stated that they still expect the Federal Reserve to cut interest rates by 25 basis points next week and to continue cutting rates at each remaining meeting this year (in November and December). In contrast, speculation about a larger rate cut by the Federal Reserve has resurfaced. Former New York Fed President Dudley said on Thursday that there is a high possibility of a 50 basis point rate cut at the Fed's meeting next week. Investors have responded significantly to news articles from the Financial Times and the Wall Street Journal on Friday, both of which emphasized that the initial rate cut could be a difficult decision for Fed officials, sparking speculation about a larger rate cut.
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On September 14th, Goldman Sachs analysts stated that they still expect the Federal Reserve to cut interest rates by 25 basis points next week and to continue cutting rates at each remaining meeting this year (in November and December). In contrast, speculation about a larger rate cut by the Federal Reserve has resurfaced. Former New York Fed President Dudley said on Thursday that there is a high possibility of a 50 basis point rate cut at the Fed's meeting next week. Investors have responded significantly to news articles from the Financial Times and the Wall Street Journal on Friday, both of which emphasized that the initial rate cut could be a difficult decision for Fed officials, sparking speculation about a larger rate cut.
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