Goldman Sachs Asset Management forecasts that the Federal Reserve will implement two interest rate cuts in 2026, with the next reduction expected in June. Lindsay Rosner, Head of Multi-Sector Fixed Income Investments at Goldman Sachs, highlighted that the January CPI data was not as strong as anticipated, supporting the Fed's path towards rate normalization. The decision will hinge on continued improvements in the job market, as the Federal Open Market Committee remains attentive to labor market conditions.