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Goldman Sachs: Fed likely to stand pat in January, but expected to cut rates twice in 2026
Summary: According to sources, Lindsay Rosen, head of the multi-sector fixed income investment department at Goldman Sachs Asset Management, commented on the US non-farm payrolls: Goodbye, January! The Fed is likely to maintain the status quo for now, as the labor market has shown initial signs of stability. The improvement in the unemployment rate indicates that ...
According to sources, Lindsay Rosen, head of the multi-sector fixed income investment department at Goldman Sachs Asset Management, commented on the US non-farm payrolls: Goodbye, January! The Fed is likely to maintain the status quo for now, as the labor market has shown initial signs of stability. The improvement in the unemployment rate indicates that the sharp rise in November was due to individual workers leaving early due to 'delayed resignation' policies and data distortion, rather than a sign of systemic weakness. We expect the Fed to maintain its current policy stance, but anticipate two rate cuts in the remaining time of 2026.
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Link: Goldman Sachs: Fed likely to stand pat in January, but expected to cut rates twice in 2026 [Copy]
