Goldman Sachs: Still Expects Fed to Cut Rates Twice This Year

Odaily News Goldman Sachs multi-asset fixed income investment head Lindsay Rosner stated that despite upward revisions to inflation forecasts, the Federal Open Market Committee (FOMC) still maintains a dovish bias. We still believe there is room for two "normalization" rate cuts in 2026, although the specific timing still depends on the duration of the conflict. (Jin10)