Markets Price Fed’s First Rate Cut for December 2027 After Goldman Shift
US interest-rate markets are now pricing in an extended Federal Reserve pause, with no rate cuts expected until December 2027. The repricing pushes the expected start of easing further out and indicates a longer stretch of unchanged policy than earlier forecasts had suggested.
The move comes after Goldman Sachs delayed its forecast for the Fed’s next two rate cuts by one quarter, to December 2026 and March 2027, saying inflation is proving sticky. Markets are now implying an even later first cut than Goldman’s revised outlook.
From the sources (3 posts)
@zerohedge"We are pushing back the final two Fed rate cuts in our forecast by one quarter to December 2026 and March 2027" - Goldman
@businessGoldman pushed back expectations for the US Federal Reserve’s next two rate cuts by one quarter to December 2026 and March 2027 as inflation proves sticky
@cointelegraph🇺🇸 JUST IN: Markets are now pricing in an extended Fed pause, with no rate cuts expected until December 2027.