Goldman Sachs: Still expects the Fed to cut rates twice this year, with the next rate cut in June

Odaily News According to Lindsay Rosner, Head of Multi-Sector Fixed Income Investments at Goldman Sachs Asset Management, given that the January CPI data was not as strong as feared, the Fed'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 weakness in the labor market. We still expect the Fed to cut rates twice this year, with the next rate cut taking place in June. (Jin10)