David Mericle

Billionaire investor Mark Cuban offers his take on why inflation hasn’t spiked to the extent that it was expected by leading economists, in response to the “Liberation Day” tariffs imposed by President Donald Trump What Happened: On Sunday, in a post on X, Cuban said that...

Wall Street analysts are rethinking their interest rate forecasts after December's unexpectedly strong jobs report shattered previous expectations for a slowing labor market, raising questions about the Federal Reserve's next move. In a note shared Monday, Goldman Sachs economist David Mericle...

The Federal Reserve is widely expected to announce a 25-basis-point rate cut on Dec. 18, marking its third consecutive reduction after slashing rates by 50 basis points in September and by 25 in November. Markets have fully priced in this move, assigning nearly a 100% probability, as per CME...

Goldman Sachs has reiterated its forecast for two interest rate cuts in 2024, commencing in September, following the Federal Open Market Committee’s (FOMC) June meeting. Despite the Federal Reserve’s June dot plot presenting “a hawkish surprise” with a median projection of...

Goldman Sachs adjusted its forecast for the Federal Reserve's first rate cut, pushing it back from July to September. The revision comes as recent data and comments from Fed officials indicate that a July cut would require significant improvements in inflation and noticeable signs of weakening in...

Goldman Sachs has moved its prediction for the first Federal Reserve interest rate cut from March to May. This adjustment comes in the wake of the January Federal Open Market Committee (FOMC) meeting, which was marked by Fed Chair Jerome Powell‘s apparent unwavering stance on monetary policy...

Traders are gearing up for the two-day Federal Open Market Committee meeting set to commence on Tuesday and conclude with a critical interest rate decision and highly anticipated press conference by Federal Reserve Chair Jerome Powell on Wednesday. Market sentiment is leaning heavily toward the...

Two major investment banks on Wall Street stated that they anticipate the Federal Reserve will resume hiking interest rates as soon as July, departing from initial market reactions to the Fed Chair Jerome Powell’s press conference. Following the Fed’s decision to pause at its June...

Speculators' bets on Federal Reserve rate cuts in the second half of 2023 have been dwindling lately, as economists predict policymakers to stay in a hawkish-hold mode for longer than expected owing to sticky inflation and diminished recessionary risks. As a rate hike of 25 basis points at...

Goldman Sachs U.S. Economist David Mericle expects the Federal Reserve will raise rates by 25 basis points for one last time in May and keep them sticky high for a long time. In a note published last Friday, Goldman Sachs anticipated interest rates would remain unchanged in June...

Bank of America (NYSE: BAC) and Goldman Sachs (NYSE: GS) economists say the Fed will reach the end of its rate-hiking cycle in the coming months, as stricter lending standards by commercial banks will diminish pressure for policy rate rises. In a note published late Wednesday, BofA’s...

Goldman Sachs (NYSE: GS) expects the Fed to maintain rates unchanged and take a pause in its ongoing battle against inflation at this week's meeting. The central bank will hold off on an additional hike this month in light of the rising strain in the banking system, GS economic analyst...

While the consensus may be that the U.S. is in a recession or likely to enter one in 2023, one Wall Street firm is pumping the brakes on this call for the new year. What Happened: Recession has become a word used more and more by financial experts and company CEOs during this period of...