Major shift in Fed rate expectations: Goldman Sachs is now forecasting two 25-basis-point rate cuts scheduled for June and September, scrapping their previous outlook for March and June cuts. The projection puts the Fed funds rate ending 2026 in the 3–3.25% range. What's more striking? The firm has slashed recession odds from 30% to 20%, suggesting improved economic resilience. These policy adjustments could reshape risk asset allocation strategies, particularly for volatile markets like crypto.

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