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

Goldman Sachs expects the U.S. Federal Reserve to keep rates unchanged through 2026 and delay rate cuts ‌until 2027, it said on Friday, citing stronger economic activity ‌and job growth after a robust payrolls report. The brokerage now expects rate cuts in June ​and December 2027, instead of the 25-basis-point reductions...