Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Macro

Goldman Sachs Pushes Rate Cut to September

by Team Lumida
May 24, 2024
in Macro, News
Reading Time: 3 mins read
A A
0
100 us dollar bill

Photo by Ibrahim Boran on Unsplash

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways:

  1. Goldman Sachs delays Fed rate cut forecast to September due to strong economic indicators.
  2. Treasury yields rise as durable goods orders surpass expectations.
  3. Market pricing now sees the first Fed rate cut by December, with low odds for a second cut.

What Happened?

Goldman Sachs has revised its forecast, now predicting the Federal Reserve will cut interest rates starting in September instead of July. This shift comes as the U.S. economy shows robust growth and persistent inflation. Durable goods orders in April exceeded expectations, causing Treasury yields to rise.

The yield on 10-year notes increased by one basis point to 4.48%, nearing a high for the past week. Goldman’s Chief Economist Jan Hatzius noted that significant signs of economic or labor market softness would be necessary for an earlier rate cut.

Why It Matters?

You might wonder why this adjustment is significant. Goldman Sachs was among the last major banks predicting a July rate cut. This delay reflects a broader market consensus that the Federal Reserve will maintain a cautious approach due to resilient economic indicators.

Nomura Securities also pushed their forecast to September, citing a higher threshold for rate cuts. Goldman CEO David Solomon even suggests no cuts this year. Investors should note that stronger-than-expected business activity and persistent inflation make rapid rate cuts less likely, impacting the bond market and broader economic expectations.

What’s Next?

Looking ahead, the first Fed rate cut is now priced in for December, with less than 30% odds for a second cut. Earlier this year, markets anticipated the first cut as early as March. Key indicators to watch include the University of Michigan consumer sentiment gauge and ongoing business activity reports.

Federal Reserve officials like Raphael Bostic emphasize the need for higher rates to curb inflation, suggesting that monetary policy has been less effective in slowing growth this cycle. Investors should prepare for continued volatility in Treasury yields and reassess their strategies as the market adapts to this new timeline.

Source: BBG
Previous Post

Why Investors Are Flocking to Carry Trades Right Now

Next Post

Ether’s ETF Approval: Why Prices Fell Despite Historic Milestone

Recommended For You

Corporate Pension Funds Shift Strategies Amid Full Funding, Impacting Bonds and Private Equity

by Team Lumida
5 hours ago
a computer screen with a bunch of data on it

Key Takeaways: Powered by lumidawealth.com Corporate pension funds, with over $3 trillion in assets, have reached a healthier financial state, with the largest 100 U.S. corporate pensions achieving a...

Read more

Trump Administration Expands Federal Contract Review to Target Tech Firms

by Team Lumida
5 hours ago
Trump Administration Expands Federal Contract Review to Target Tech Firms

Key Takeaways: Powered by lumidawealth.com The Trump administration is broadening its cost-cutting review of federal contracts to include technology providers, following earlier scrutiny of consulting firms. The General Services...

Read more

JPMorgan’s Jamie Dimon Warns of Bond Market Crisis Amid U.S. Fiscal Challenges

by Team Lumida
1 day ago
Tax-Loss Harvesting Surge: JPMorgan’s $15 Billion Windfall

Key Takeaways: Powered by lumidawealth.com JPMorgan CEO Jamie Dimon predicts a “crack in the bond market” unless the U.S. addresses its spiraling national debt, which now exceeds $36 trillion....

Read more

Trump to Raise Steel and Aluminum Tariffs to 50% Amid US Steel-Nippon Deal Announcement

by Team Lumida
1 day ago
Trump Announces 25% Tariffs on Mexico and Canada, Targeting Border Security and Trade

Key Takeaways: Powered by lumidawealth.com President Trump announced an increase in steel and aluminum tariffs from 25% to 50%, citing the need to protect American workers and industries. The...

Read more

US-China Trade Talks ‘Stalled,’ Trump-Xi Call May Be Needed, Says Treasury Secretary Bessent

by Team Lumida
2 days ago
US-China Trade Talks ‘Stalled,’ Trump-Xi Call May Be Needed, Says Treasury Secretary Bessent

Key Takeaways: Powered by lumidawealth.com US Treasury Secretary Scott Bessent described US-China trade talks as “a bit stalled” and suggested a call between President Trump and President Xi Jinping...

Read more

Trump’s Team Prepares Alternative Tariff Strategy Amid Legal Challenges

by Team Lumida
2 days ago
Fed Official Warns of Inflation Risks Under Trump Presidency

Key Takeaways: Powered by lumidawealth.com A federal trade court ruled Trump’s use of emergency economic powers to impose sweeping tariffs as illegal, but an appeals court has temporarily allowed...

Read more

BlackRock’s Bitcoin ETF Sees Record $6.35 Billion Inflows Amid May Rally

by Team Lumida
2 days ago
Is BlackRock the New Leader in Alternative Investments?

Key Takeaways: Powered by lumidawealth.com BlackRock’s iShares Bitcoin Trust (IBIT) recorded its largest-ever monthly inflow in May, attracting $6.35 billion and lifting total assets under management to over $71...

Read more

Costco Mitigates Tariff Impact Through Strategic Sourcing and Order Advancements

by Team Lumida
2 days ago
Costco Mitigates Tariff Impact Through Strategic Sourcing and Order Advancements

Key Takeaways: Powered by lumidawealth.com Costco is reducing tariff exposure by pulling orders forward and shifting private-label product sourcing to regions where they are sold, helping to control costs...

Read more

Trump Pressures Fed Chair Powell to Cut Interest Rates, Citing Economic Disadvantage

by Team Lumida
2 days ago
Will September’s Fed Rate Cuts Surprise Investors? Here’s What Deutsche Bank Predicts

Key Takeaways: Powered by lumidawealth.com President Trump met with Federal Reserve Chair Jerome Powell, urging him to lower interest rates, claiming current levels put the U.S. at an economic...

Read more

Chinese Tech Stocks Slide as U.S.-China Trade Talks Stall

by Team Lumida
2 days ago
Chinese Stock Surge: A Hedge Fund Headache?

Key Takeaways: Powered by lumidawealth.com Chinese tech stocks fell sharply, with Alibaba down 4.2%, BYD dropping 3.8%, and Baidu losing 3.9%, as the Hang Seng Tech Index declined 2.7%....

Read more
Next Post
Dado Ruvic

Ether's ETF Approval: Why Prices Fell Despite Historic Milestone

brown brain decor in selective-focus photography

Breakthrough: Urolithin A Shows Promise in Alzheimer's Treatment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Fed Signals Rate Cut: What It Means for Your Investments

Global Quantitative Tightening: A Game Changer for Markets

August 22, 2024
China’s Financial Overhaul: Xi’s Strategy to Rebalance $9.1 Trillion Debt Crisis

China Boosts State Funding for Strategic Minerals Amid Intensifying U.S. Trade War

March 20, 2025
cars on the road

Trump’s Iconic 40 Wall St. Faces Financial Turmoil: Commercial Real Estate Meltdown

May 17, 2024

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018