The bank now sees no Federal Reserve rate reductions this year following stronger-than-expected U.S. employment figures.
Goldman Sachs has withdrawn its forecast for Federal Reserve interest rate cuts in 2026 after recent U.S. jobs data exceeded expectations. The decision reflects growing confidence in labor market resilience and economic stability.
Earlier projections anticipated a rate reduction later this year, but the latest employment figures prompted a reassessment. The shift aligns with broader market expectations following persistent inflation concerns and strong economic indicators.
No immediate market reaction was specified, though the adjustment may influence investor sentiment on monetary policy timing.