Lates News

date
11/02/2026
Goldman Sachs asset management analyst Kay Haigh said there are some initial signs of a tightening labor market, but there is still a long way to go before it fully tightens. Given the economy's continued strong performance surpassing expectations, the focus of the FOMC will shift to the inflation situation. We still believe that the Federal Reserve has room for two more rate cuts this year; however, if the CPI reported on Friday unexpectedly rises, it could push the Federal Reserve towards a more hawkish direction.