Strong case for 50 bp Fed cut, says former NY Fed chief Dudley

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Goldman Sachs Still Sees 25bps Easing by Fed Next Week, Sees 25bps in Nov and 25bps in Dec, Total Cuts by Y/E of 75bps

September 13, 2024 3:34 PM EDT

Goldman Sachs Still See 25bps Easing by Fed Next Week, Sees 25bps in Nov and 25bps in Dec, Total Cuts by Y/E of 75bps

The analyst comments "Jan Hatzius reiterates our view that the US labor market is slowing but not lurching towards recession in a fresh Global... More

Cit Lowers Easing Expectation to 25bps by Fed Next Week, Sees 50bps in Nov and 50bps in Dec, Total Cuts by Y/E of 125bps

September 13, 2024 3:31 PM EDT

Cit Still Sees 25bps Easing by Fed Next Week, Sees 50bps in Nov and Dec, Total Cuts by Y/E of 125bps

The analyst comments "Labor market data show an economy sliding toward recession with the rise in the unemployment rate likely to accelerate in coming months. We... More