Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs data

Goldman Sachs on Friday pushed back its call for US 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 percent.

The brokerage earlier projected a 25-basis-point cut each in December 2026 and March 2027.

Reuters

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