PANews
PANews|Jan 09, 2026 13:45
[Goldman Sachs: The Federal Reserve is likely to hold steady in January, but will cut rates twice during the remainder of 2026] According to Jintou News, Lindsay Rosner, head of the multi-sector fixed income investment division at Goldman Sachs Asset Management, commented on U.S. nonfarm payrolls: Goodbye, January! The Federal Reserve is very likely to maintain its current stance as the labor market has shown initial signs of stabilization. The improvement in the unemployment rate indicates that the sharp rise in November was merely due to individual employees leaving early under the 'delayed resignation' policy and data distortion, rather than signs 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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