[Goldman Sachs Predicts Two More Rate Cuts by the Fed This Year, Says Market Overly Concerned About Rate Hikes] BlockBeats News, April 2: Despite the market's recent shift in narrative toward Federal Reserve rate hikes, Goldman Sachs' baseline forecast still anticipates two rate cuts in 2026. The firm outlined four key reasons suggesting the market is overly concerned: 1. The current oil shock is less severe compared to past instances; 2. A cooling labor market and slower wage growth will mitigate inflationary pressures; 3. The current Federal Reserve interest rate level is roughly in line with the benchmark level; 4. The Federal Reserve typically does not adjust rates solely in response to oil price shocks.