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Domingo Securities: The Federal Reserve may move towards zero interest rate cuts
Goldman Sachs’ US Interest Rate Strategy Director, Gennadiy Goldberg, said that the Federal Reserve has sent a signal that they will not be as dovish as before, and they are inclined to cut interest rates less next year. I think this is a signal that the market will continue to price in less than two rate cuts. If the data is strong enough, it may move towards zero rate cuts. If the Fed does not see inflation dropping to a sufficient level, they will be reluctant to continue cutting rates.