BUSINESSJun 8 · 12:59 UTCQUARTZCris Tolomia

Goldman Sachs pushed its forecast for Fed rate cuts to next year after a blowout jobs report

Goldman Sachs revised its forecast for Federal Reserve rate cuts to 2027, anticipating reductions in June and December 2027 following stronger-than-expected May jobs growth. The bank adjusted its timeline after the jobs report exceeded predictions by a significant margin.

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