Goldman Sachs: Fed will avoid providing forward guidance for March policy action

JinShi Data January 29th news, Goldman Sachs expects that tomorrow’s Federal Reserve January interest rate decision will not provide any new information. The FOMC may acknowledge signs of stabilization in the labor market in its statement, but is unlikely to provide forward guidance for policy actions in March. Tariffs are expected to lead to a moderate, one-time inflation rise, which the Federal Reserve may ignore. Historically, Fed officials have downplayed the inflationary impact of tariffs and focused more on potential GDP effects. Goldman Sachs expects two 25 basis point rate cuts in 2025, one in June and another in December, and another rate cut in 2026.