Goldman Sachs delays Fed rate cut forecast to 2027

Goldman Sachs Bank expects the Federal Reserve interest rate to remain steady until 2026, with a delay in cutbacks until 2027, following strong reports on the labor market and US economic growth. The bank indicated that positive data increase the likelihood of a rate hike later on, despite tensions in the Middle East and their impact on inflation and oil prices.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article