The Federal Reserve is likely to join other global central banks in cutting interest rates aggressively
in response to the coronavirus scare, Goldman Sachs economists said Sunday.
With fears over a global slowdown intensifying, the Fed likely will announce a 50 basis point cut at its March meeting, if not sooner, the firm said. In all,
Goldman sees the Fed cutting 100 basis points this year, which is an increase from just Friday,
when it saw a cut of 75 basis points.
https://www.cnbc.com/2020/03/01/goldman-sees-fed-cuts-soon-as-part-of-global-coronavirus-effort.html
Goldman now sees the Federal Reserve getting even more aggressive in the face of coronavirus scare
in response to the coronavirus scare, Goldman Sachs economists said Sunday.
With fears over a global slowdown intensifying, the Fed likely will announce a 50 basis point cut at its March meeting, if not sooner, the firm said. In all,
Goldman sees the Fed cutting 100 basis points this year, which is an increase from just Friday,
when it saw a cut of 75 basis points.
https://www.cnbc.com/2020/03/01/goldman-sees-fed-cuts-soon-as-part-of-global-coronavirus-effort.html