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Goldman SACHS Asset Management expects that the Federal Reserve will remain at the present time, pointing to the last labor force that helped justify the cautious position of the Central Bank.
The company said in a note: “The Federal Reserve is still in a contract pattern because it is waiting for uncertainty,” the company said in a note. While the job data has become better than it is afraid, Goldman believes that the continuous mitigation course depends on clear signs of softening the labor market – a trend that may take months to achieve.
The company added: “With the presence of the labor market so far, it still shows a meaningful deterioration, we see the deviant difficulties towards another” comment “at the meeting next month.
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The Federal Open Market Committee (FOMC) left rates unchanged on Wednesday:
Later this year,
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