Goldman Sachs: Still Expects Fed to Cut Rates Twice, Timing Uncertain

BlockBeats News, March 6th, Goldman Sachs Multi-Asset Fixed Income Investment Director Lindsay Rosner stated: "Signs of a weak labor market remind the Fed that delaying rate cuts could come at a cost, although short-term policies are still influenced by the ongoing Middle East conflict."

"Developments in Iran and their potential inflationary consequences have somewhat obscured the U.S. employment situation, making the path to potential policy normalization less clear. We expect the Fed to ultimately complete the remaining two 'rate cut normalizations' to bring rates back to neutral, but given the current uncertainty, the specific timing remains difficult to ascertain." (FX678)