GOLDMAN SACHS NOW EXPECTS US FED TO KEEP INTEREST RATES UNCHANGED IN 2026

- 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.