What the market gone wrong in reacting to Powell’s press conference, according to Goldman economist

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The fact that Fed Chair Jerome Powell classified the rate cut made on Wednesday as one for “risk management” is a clue the central bank will cut again in October, an economist at Goldman Sachs says.
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This analysis was generated using Pulse AI, Glideslope's proprietary AI engine designed to interpret market sentiment and economic signals. Results are for informational purposes only and do not constitute financial advice.