The U.S. economy is in a “sweet spot” and the market is possibly too pessimistic on the pace of Federal Reserve interest rate cuts. That’s according to Jan Hatzius, chief economist at Goldman Sachs, who in a new note published Monday,
Several large U.S. financial institutions, including the Federal Reserve, have withdrawn from the networks after years of growing political and legal pressure.
Out of the nearly 680 investors polled in early January by Goldman Sachs, more than half said they are anticipating the Fed funds to be 3.75% or higher at the end of this year, implying reductions of about 50 bps for 2025.
This year’s sharp decline in funding spread suggests that institutional investors’ positioning in equities is shifting as markets rethink the Federal Reserve’s interest-rate path, according to strategists at Goldman Sachs Group Inc.
Tariffs are a wild-card for inflation this year, but it is too soon to say what any changes will mean for the Federal Reserve, said central-bank newcomer Beth Hammack. In an interview, the Cleveland F
The recent declines in the stock market contrasted with a jump in interest rates as investors pondered the effects of stronger-than-expected economic data on the Federal Reserve’s monetary policy. While volatile interest rates historically have affected stock values,
As Donald Trump returns to the White House, Goldman Sachs is looking forward to the "improving regulatory backdrop."
Wall Street’s main indexes rose on Tuesday, with the blue-chip Dow at a more than one-month high, as investors assessed President Donald Trump’s executive orders after taking office and awaited his first move on trade policy. In morning trading, the Dow Jones Industrial Average rose 423 points, or 1%, to 43,911.
Wall Street indexes rose as investors assessed President Trump's executive orders and awaited trade policy actions. Although tariffs on Canadian and Mexican goods were mentioned, concrete plans remain unclear.
The central bank’s recent infusion of financial-market brawn includes Beth Hammack, who worked for three decades at Goldman Sachs.
Goldman Sachs beat Wall Street estimates and earned its biggest quarterly profit in more than three years as its investment bankers brought in more deal fees, while its traders benefited from active markets.
Risk assets trade weak as investment banks pare back Fed rate cuts in the wake of Friday's hotter-than-expected U.S. jobs report.