Goldman Sachs: Federal Reserve expects to keep interest rates unchanged next month
According to online reports, Simon Dangoor, head of fixed income macro strategy at Goldman Sachs Asset Management, said that the tone of the Fed meeting was moderate. Although recent inflation expectations have been raised, it is expected to cut interest rates twice this year. He said: The implication from FOMC members is that they continue to expect the recent strengthening in inflation to be largely temporary and that their tolerance for rising unemployment remains low. We expect the Fed to sit tight at next month's meeting, but we believe that if the labor market weakens, a new easing cycle could begin later this year. (Jin Shi)
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