Matheus Dibo, head of investment strategy for Europe, Middle East and Africa at Goldman Sachs, said that the Federal Reserve is likely to keep interest rates unchanged throughout 2026, and the risk of inflation should ease in the second half of the year. “Obviously, the market is still digesting interest rate hike expectations, but we don't actually agree with this view and think the Fed will keep interest rates unchanged for the foreseeable future,” Dibo said in an interview on Wednesday. The inflation data released at the beginning of this year was driven by oil prices, the World Cup, and tariffs, but there is currently little indication that inflation will spread throughout the rest of 2026. He added, “We don't think wages will become a major source of inflationary pressure because the US labor market is far from booming,” he said Dibo He said that after the US employment report was released last week, investors are still trying to figure out the current situation, but “the US labor market seems to be in a state of equilibrium, a labor market that neither recruits nor layoffs.” He said that traders currently expect that the probability of a 25 basis point rate hike in September is about 50%. Economists expect that the core consumer price index will rise 0.1% month-on-month, and the previous data unexpectedly fell 0.4% “We fully acknowledge that the risk bias is on interest rate hikes, especially if there are several inflation data in the future If the unexpected is higher than expected”

Matheus Dibo, head of investment strategy for Europe, Middle East and Africa at Goldman Sachs, said that the Federal Reserve is likely to keep interest rates unchanged throughout 2026, and the risk of inflation should ease in the second half of the year. “Obviously, the market is still digesting interest rate hike expectations, but we don't actually agree with this view and think the Fed will keep interest rates unchanged for the foreseeable future,” Dibo said in an interview on Wednesday. The inflation data released at the beginning of this year was driven by oil prices, the World Cup, and tariffs, but there is currently little indication that inflation will spread throughout the rest of 2026. He added, “We don't think wages will become a major source of inflationary pressure because the US labor market is far from booming,” he said Dibo He said that after the US employment report was released last week, investors are still trying to figure out the current situation, but “the US labor market seems to be in a state of equilibrium, a labor market that neither recruits nor layoffs.” He said that traders currently expect that the probability of a 25 basis point rate hike in September is about 50%. Economists expect that the core consumer price index will rise 0.1% month-on-month, and the previous data unexpectedly fell 0.4% “We fully acknowledge that the risk bias is on interest rate hikes, especially if there are several inflation data in the future If the unexpected is higher than expected”