GOLDMAN SACHS EXPECTS US FED TO DELIVER TWO 25 BP RATE CUTS EACH IN JUNE 2027 AND DECEMBER 2027 VS PRIOR FORECAST OF CUTS IN DECEMBER 2026 AND MARCH 2027
June 8 (Reuters) - Goldman Sachs on Friday pushed back its call for U.S. Federal Reserve rate cuts to June and December 2027, citing a resilient labor market and only modest rise in unemployment that reduce the need to ease policy until inflation nears 2%.
The brokerage earlier projected a 25-basis-point cut each in December 2026 and March 2027.
