Almost everyone has revised their timing for next year's Fed rate cut.
Goldman Sachs delivered the timing of the Fed rate cut to the first quarter of 2024 compared to the third quarter of 2024 previously
The bank also sees the Fed making three consecutive rate cuts in March, May, and June as the central bank's first steps in easing monetary policy.
- On the other hand, JPMorgan expects the Fed to start cutting interest rates in the second quarter, specifically in June.
Their previous forecast was for next July, in the third quarter.
- Also Barclays expects three rate cuts in 2024
He expects the first 25 basis point rate cut to take place in June followed by two more cuts
His previous forecast was one cut next year, specifically in a month in December.
