Monday, 8 June, 2026
The Wait Gets Longer: Goldman Pushes Fed Rate Cuts into 2027
By TechShots Studio
Following unexpectedly strong U.S. jobs data, Goldman Sachs has revised its economic forecast, delaying its prediction for a Federal Reserve interest rate cut to 2027. The robust labor market suggests inflation may remain sticky, prompting the Fed to keep borrowing costs elevated longer than previously anticipated to avoid overheating the economy.
Read full story at CIO ECONOMIC TIMES