BOA and Goldman push back Fed rate‑cut expectations on inflation risks, jobs data

🇺🇸 The Business Times (US) —
BOA and Goldman push back Fed rate‑cut expectations on inflation risks, jobs data

AI Summary

Bank of America and Goldman Sachs have adjusted their expectations regarding Fed rate cuts, citing persistent inflation risks and recent job data that suggest economic stability.

BOA Global Research now expects the Fed to remain on hold for the rest of 2026, with two 25 basis point cuts in July and September 2027. Goldman ...

Politics Markets Fed Bank of America Goldman Sachs inflation economic stability

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