Goldman Sachs predicts the Fed will ...

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Goldman Sachs predicts the Fed will make two big changes next week

KEY POINTS

The Fed is expected to cut interest rates next week, but that would be the last such move for a while, according to Goldman Sachs.

Fed officials are likely to say this is the end of the “midcycle” adjustment that Chairman Jerome Powell alluded to in July, the bank predicts.

In addition, the central bank could remove the language stating it will “act as appropriate to sustain the expansion” that has been in play since June.

https://www.cnbc.com/2019/10/24/gol...-fed-will-make-two-big-changes-next-week.html