Goldman Sachs: Still Expects the Fed to Cut Rates Twice This Year, with the Next Cut in June

Odaily News Goldman Sachs Asset Management's Head of Multi-Sector Fixed Income Investments, Lindsay Rosner, stated that given the January CPI data was not as strong as feared, the Federal Reserve's "normalization" path for rate cuts appears clearer. This will depend on whether the job market continues to show signs of improvement, as the FOMC is highly sensitive to labor market weakness. We still expect the Fed to cut rates twice this year, with the next rate cut to occur in June. (Jin10)