Goldman Sachs Executive Comments on U.S. Labor Market Stability

According to PANews, Lindsay Rosner, head of the multi-sector fixed income investment division at Goldman Sachs Asset Management, shared insights on the U.S. non-farm employment situation. Rosner noted that the Federal Reserve is likely to maintain its current stance as the labor market shows initial signs of stabilization. The improvement in the unemployment rate suggests that the significant rise in November was due to individual employees leaving early under the 'delayed departure' policy and data distortion, rather than indicating systemic weakness. It is anticipated that the Federal Reserve will keep its policy unchanged for now, but there may be two more rate cuts expected during the remainder of 2026.