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

- 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.