Goldman Sachs assess the probability of a 50bp FOMC July cut at only 15%

GS are looking for a 25bp cut at the July 2019 Federal Open Market Committee meeting

  • And a further 25bp cut at the September meeting
Assess the probabilities for July:
  • 75% for 25bp cut
  • 15% for 50bp cut
  • (the remaining 10% is for an on hold decision)
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