Barclays, Goldman expect next Fed rate cut in July after jobs report
ReutersMay 2, 2025 3:18 PM
May 2 (Reuters) - Barclays and Goldman Sachs said on Friday that they were expecting the U.S. Federal Reserve to deliver the next interest rate cut in July, after a stronger-than-expected jobs report.
They had previously forecast a rate cut in June.
Data on Friday showed, nonfarm payrolls increased more than expected in April, with the unemployment rate steady at 4.2%.
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