Goldman Sachs pushes Fed rate cut forecast to 2027
Goldman Sachs has revised its outlook for the Federal Reserve and now expects interest rates to remain steady until June 2027. The brokerage cited strong employment data and persistent inflationary pressures from Middle East conflicts as primary reasons for the prolonged pause.
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GOLDMAN SACHS GROUP INC pushed its forecast for the first United States interest rate cut to June 2027 following a robust payrolls report. The brokerage previously expected the Federal Reserve to begin easing in December 2026. This shift signals a prolonged period of high borrowing costs as labor market strength offsets inflationary pressures.
