Goldman Sachs: It is expected that the Federal Reserve will continue to keep interest rates unchanged next month.

Simon Dangoor, head of fixed income macro strategy at Goldman Sachs Asset Management, said that the tone of the recent Fed meeting was moderate. Despite raising inflation expectations, the Fed is expected to cut interest rates twice this year. He said, "FOMC members are implying that they still expect recent inflation strengthening to be temporary, and their tolerance for rising unemployment remains low." "We expect the Fed to stand pat at the next meeting, but we believe that if the labor market weakens, they may start a new easing cycle later this year."