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Goldman Sachs pushes back Fed rate cut forecast amid Mideast conflict

Goldman Sachs has pushed back its forecast for U.S. Federal Reserve rate cuts, now anticipating quarter-point reductions in September and December. This shift is attributed to rising inflation risks stemming from the Middle East conflict, making a June start appear too early. However, earlier cuts remain possible if the labor market weakens more significantly than expected.

12 Mar 2026 10:26 am