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"Our baseline forecast is for three consecutive 25bp cuts in September, November and December, and an eventual terminal rate of 3.25%-3.5%," Goldman Sachs analysts wrote in a September 15 research note. How will the rate cuts impact mortgage rates?
down from the four it had forecast in September when it last issued economic projections. The central bank is now projecting that the federal funds rate may sit at median level of 3.9% by the end of 2025, up from its earlier forecast of 3.4%. ...
down from the four it had forecast in September when it last issued economic projections. The central bank is now projecting that the federal funds rate may sit at median level of 3.9% by the end of 2025, up from its earlier forecast of 3.4%. ...