TechFlow, May 13 — According to Jinshi Data, Goldman Sachs has revised its forecast for the Fed's next rate cut to December (previously expected in July).
Goldman Sachs analysts stated: Given recent developments and the significant easing of financial conditions last month, we have raised our forecast for U.S. GDP growth in Q4 2025 by 0.5 percentage points to 1%, and reduced the probability of a recession over the next 12 months to 35%. Meanwhile, we have lowered our projection for core PCE inflation, now expecting a peak of 3.6% (previously 3.8%).




