Goldman Sachs announced on Wednesday that it anticipates the U.S. Federal Reserve will implement three 25-basis-point interest rate cuts this year, with an additional two cuts expected in 2026. This forecast suggests a terminal rate between 3% and 3.25%, a decrease from the current range...

Federal Reserve Governor Christopher Waller is reportedly the frontrunner to succeed Jerome Powell as the next Fed Chair. The Trump Team appears to favor Waller due to his proactive approach to economic forecasts, contrasting with Powell’s more cautious wait-and-see strategy. A Bloomberg report indicates that Waller...