Goldman Sachs say again that they expect three Federal Reserve rate cuts by end 2025

Stocks hit new highs as Fed rate cut bets surge. Oil dips to 2-month low. Traders eye inflation data.

Fed rate cut hopes lift DRVN, IPG, KFY 3%+. IPG trades 19.7% below 52-wk high, but up 39% over 5 yrs.

Goldman Sachs expect 3* 25bp rate cuts this year from the Federal Reserve. In September, October, and December. Then 2 more 25bp cuts in 2026 for a terminal rate range of 3–3.25%

IBTA surges 3.6% on Fed rate cut hopes, but down 60.5% YTD. PL, ALIT, SATS, MMS also climb.

Joint mortgages boost buying power but risk credit scores if payments falter. Consider 3-5 lenders for best rates.

DXC +4.3%, GDYN +3.4%, PAR +4%, RHI +4.8%, RUM +6.1% on Fed rate cut hopes. RUM's volatile ride continues.

Fed's Goolsbee uneasy on tariffs' inflation impact; labor market data mixed. Rate cuts possible by Sept. if inflation cools.