Goldman Sachs Sees Fed on Hold Longer, Pencils In December Rate Cut
BeInCrypto
Goldman Sachs has delayed its Federal Reserve rate cut forecasts to December 2026 and March 2027 due to persistent inflation concerns.Summary
Goldman Sachs has revised its interest rate expectations, pushing back projected Federal Reserve rate cuts to December 2026 and March 2027. The adjustment is driven by forecasts that core PCE inflation will remain near 3% through 2026, exceeding the Fed's 2% target. This hawkish outlook, which suggests liquidity may remain tight for longer, is expected to weigh on risk assets, including cryptocurrencies like Bitcoin and Ethereum, as investors wait for clearer signals from upcoming FOMC meetings.
(Source：BeInCrypto)