Goldman Sachs: The Federal Reserve is likely to hold rates steady in January, but will cut rates twice during the remainder of 2026.
PANews, January 9th – According to Jinse Finance, Lindsay Rosner, Head of Multi-Sector Fixed Income at Goldman Sachs Asset Management, commented on the US non-farm payrolls: Goodbye, January! The Federal Reserve is very likely to maintain the status quo for now, as the labor market has shown initial signs of stabilization. The improvement in the unemployment rate indicates that the sharp increase in November was only due to some employees leaving early because of the "delayed resignation" policy and data distortion, rather than a sign of systemic weakness. We expect the Federal Reserve to maintain its current policy stance for now, but anticipate two more rate cuts during the remainder of 2026.
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