Goldman Sachs: The Fed's dovish stance is now dominant.

On September 18, Simon Dangoor, the head of fixed income macro strategies at Goldman Sachs Asset Management, stated that the majority of members of the Fed FOMC currently expect to cut interest rates two more times this year, indicating that the doves within the committee are now in the dominant position. We believe that for the Fed to depart from its current accommodative policy path, there must be an unexpected significant rise in inflation or the job market. (Jin10)

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