Barclays, Goldman expect next Fed rate cut in July after jobs report
Published by Global Banking & Finance Review®
Posted on May 2, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on May 2, 2025
1 min readLast updated: January 24, 2026
Barclays and Goldman Sachs now predict a Fed rate cut in July, following a strong April jobs report, with nonfarm payrolls exceeding expectations.
(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%.
(Reporting by Siddarth S in Bengaluru; Editing by Anil D'Silva)
The main topic is Barclays and Goldman Sachs expecting the next Fed rate cut in July after a strong jobs report.
They changed their forecast due to a stronger-than-expected jobs report in April.
The unemployment rate remained steady at 4.2% in April.
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