Matheus Dibo, Goldman Sachs' head of investment strategy for EMEA, stated on Bloomberg Television on Wednesday that while the market is currently still pricing in a 25 basis point rate hike in September (with a probability of about 50%), Goldman Sachs believes the Federal Reserve will keep interest rates unchanged throughout 2026. He noted that early-year inflation data was driven by one-off factors, there are limited signs of inflation spreading to broader areas, and the U.S. labor market is in equilibrium, not acting as a driver of inflation. Dibo acknowledged that if future inflation data were to surprise on the upside, the risk would lean towards a rate hike, but he maintained his baseline assessment.