US job data delays rate cuts Goldman Sachs: no change until 2027
Goldman Sachs expects U.S. interest rates to remain steadily high until 2026, with a possibility of delaying any rate cuts until 2027, despite a strong labor market and elevated economic activity. The bank explained that these new forecasts follow the U.S. jobs report, which exceeded expectations, reinforcing the likelihood of maintaining the current monetary policy to address inflation pressures and geopolitical tensions.
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