Goldman Sachs: The Federal Reserve will cut interest rates this week but maintain policy flexibility
According to ChainCatcher, citing Golden Ten Data, David Mericle, Chief US Economist at Goldman Sachs, believes that the Federal Reserve is very likely to cut interest rates this week, but will keep its wording open in order to decide on January's policy based on future employment data.
He pointed out that policymakers will be especially cautious in the absence of the latest employment data, avoiding locking in a policy path too early, thereby leaving room for further easing in the future.
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