Goldman Sachs expect another 25bp rate cut from the FOMC on March 18

GS are looking for another 50bps in coming months, beginning March 18 with 25

  • Then another on April 29
More:
  • “materially worse” global growth outlook due to the spread of coronavirus
  • US 10-year Treasury note yield to 0.85% by the end of June, 1.2% by end of the year though
  • expect easier policy stances, activity normalization will see yields recover somewhat in H2,
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