Fed holds interest rates steady
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President Donald Trump has frequently lambasted the Fed chair for not cutting rates more aggressively.
(Corrects attribution in paragraph 3) Jan 12 (Reuters) - Goldman Sachs pushed back its forecast for U.S. Federal Reserve rate cuts on Sunday, now expecting two 25-basis-point reductions in June and September 2026 instead of the previously anticipated moves in March and June.
Goldman Sachs sees early-2026 market broadening led by small-/mid-caps, but expects limited runway as growth cools and valuations stay high—read now.
Goldman Sachs has identified five key investment themes that will shape 2026, from mid-cycle economic acceleration to the great corporate re-leveraging. The AI trade is shifting from infrastructure spending to actual adoption,