Goldman Sachs: Expects the Federal Reserve to resume interest rate cuts later this year

According to Jinshi reports, Goldman Sachs analyst Kay Hahi stated that, given the strong economic data and signs of stability in the labor market, the Federal Reserve is likely to keep its policy unchanged temporarily. However, Goldman Sachs expects that the rate cut policy will be restarted later this year, as the slowdown in inflation allows the Federal Reserve to implement two more "normalization" rate cuts, bringing interest rates back to the neutral level as perceived by the members of the Federal Open Market Committee.