[Goldman Sachs Economist: The Federal Reserve’s Interest Rate Raise May Be the Last in This Cycle] Recently, Goldman Sachs economist David Mericle said that the Federal Reserve’s interest rate hike may be the last in this cycle of interest rate hikes. He believes the likelihood of a U.S. recession is lower than market expectations.

It is understood that David Mericle does not expect that interest rate cuts will begin until the second quarter of 2024, and will be carried out at a rate of 25 basis points per quarter. In the end, interest rates will stay in the 3-3.25% range, which is higher than the 2.5% long-term forecast on the FOMC dot chart.

What do you think about this? Welcome to share your opinions in the comment area!