Goldman Sachs: Federal Reserve Could Cut Interest Rates Twice in 2026
2025-11-18 03:07:29
Goldman Sachs Asset Management has published its investment outlook for 2026. It mentions that central bank policy may diverge across major markets. Given the weak labour market, Goldman Sachs Asset Management expects the Federal Reserve to cut interest rates twice in 2026. The European Central Bank is likely to keep interest rates on hold for the foreseeable future, while the Bank of England is likely to resume rate cuts in December amid improving inflation, a relatively weak labour market and potential tax hikes. High inflation and strong growth in Japan could prompt the Bank of Japan to raise interest rates, a direction further strengthened by recent political changes and a shift towards accommodative fiscal policy. (People's Financial News)
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