According to ChainCatcher, Goldman Sachs' latest research report points out that the Federal Reserve's willingness to cut interest rates is becoming increasingly clear, and the trends in the U.S. interest rate market have already reflected this. Four key factors are driving this trend.
First, there is a subtle shift in the Federal Reserve's policy stance. Second, uncertainty regarding trade policy has decreased. Third, the labor market is showing signs of a complete slowdown. Finally, the market has begun to digest the impact of changes in the Federal Reserve's leadership in advance.
The report emphasizes that geopolitical situations in the Middle East, the potential for excessive market reactions due to changes in the Federal Reserve Chair, and uncertainties such as the risks of monetizing the fiscal deficit could disrupt the current market balance.