Wall Street expects at least a half-point Fed rate cut in March

Wall Street expects at least a half-point Fed rate cut in March

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a news conference following a Federal Open Market Committee (FOMC) meeting in Washington, D.C., on Wednesday, Jan. 29, 2020.

Andrew Harrer | Bloomberg | Getty Images

Goldman Sachs said it expects the Federal Reserve to deliver an interest rate reduction of 75 basis point in the coming months to combat the negative…

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