Goldman Sachs: Expects the Fed to Keep Interest Rates Steady, First Rate Cut Possibly in June

Odaily News Goldman Sachs expects the January Federal Open Market Committee (FOMC) meeting to be uneventful, with widespread agreement anticipated to keep interest rates unchanged. The bank noted that Governors Waller and Bowman are likely to support this decision, with Stephen Milan being the sole dissenter. Goldman Sachs predicts the Fed will cut rates twice in 2026, with the first rate cut potentially occurring in June. (Jin10)