Goldman Sachs has made sweeping changes to its exchange-rate forecasts after the Federal Reserve signalled a more-rapid move to “non-recessionary” interest-rate cuts. Photo Unsplash/Alexander Mils

Goldman Sachs has made sweeping changes to its exchange-rate forecasts after the Federal Reserve signalled a more-rapid move to “non-recessionary” interest-rate cuts. Photo Unsplash/Alexander Mils

Goldman Sachs backs rand, sees 'room to run'

December 20, 2023

Goldman Sachs Group has added its voice to a chorus of expectations of a weaker dollar after the US central bank’s clearest sign yet that interest-rate cuts are coming.Goldman made sweeping changes to its exchange-rate forecasts after the...
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