Goldman Sachs pushes Fed rate-cut call to 2027 on strong US jobs data

Goldman Sachs now anticipates the U.S. Federal Reserve will maintain current interest rates through 2026, delaying any rate cuts until 2027. This shift, driven by robust economic and job growth, suggests a prolonged pause by the central bank. The firm cited stronger-than-expected payroll data and the need for inflationary pressures to subside as key factors.