Goldman Sachs: Expects the Federal Reserve to cut interest rates twice, but the timing is uncertain

According to Jinshi News, Goldman Sachs' Head of Multi-Asset Fixed Income Investment, Lindsay Rosner, stated that signs of a weak labor market remind the Federal Reserve that delaying interest rate cuts could come at a cost. Although short-term policies are still influenced by the ongoing conflict in the Middle East, Rosner expects that the Federal Reserve will ultimately complete the remaining two "normalization rate cuts" to bring rates back to neutral, but the specific timing remains uncertain.