Goldman Sachs: Federal Reserve is likely to hold rates steady in January, but will cut rates twice during the remainder of 2026
Svmuu News Goldman Sachs Lindsay Rosner, Head of Multi-Sector Fixed Income at an asset management firm, comments on U.S. nonfarm payrolls: Goodbye, January! Federal Reserve The status quo is likely to remain for now, as the labor market has shown initial signs of stabilization.The improvement in the unemployment rate suggests that the sharp rise in November was merely due to individual employees leaving early under “deferred exit” policies and data distortions, rather than a sign of systemic weakness.We expect Federal Reserve to maintain its current policy stance, but anticipate two more rate cuts for the remainder of 2026. (Jin Shi)
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