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

🇺🇸 Reuters (US) —
BofA and Goldman push back Fed rate‑cut expectations on inflation risks, jobs data

AI Summary

Bank of America and Goldman Sachs revised their forecasts for Federal Reserve interest rate cuts, adjusting their predictions in response to inflation risks and labor market data. The new outlook anticipates no immediate cuts this year.

BofA Global Research now expects the Fed to remain on hold for the rest of this year, ​with two 25bp cuts in July and September 2027, while ...

Politics Markets Federal Reserve interest rates inflation BofA Goldman Sachs economic outlook

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