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Goldman Sachs: The Federal Reserve is expected to remain on the sidelines, with data driving future decisions.
Jin10 reported on June 19 that Goldman Sachs Asset Management strategist Simon Dangoor stated during a media roundtable that the Federal Reserve’s upcoming interest rate decision is likely to maintain a “wait-and-see” mode. As the market rises, the data remains strong, which makes sense. He indicated that the macroeconomic data to be released in the coming months will likely be the main driving force behind future interest rate decisions.