Goldman, BofA Delay Fed Cut Calls After ‘Last Straw’ Jobs Data

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Affected assets and topics

INFLATION FEDERAL RESERVE

Expected market reaction

Neutral Confidence 50% How confidence is read Horizon: Short term Impact: Low

Evidence trail

Evidence
Source Bloomberg
Claim Goldman, BofA Delay Fed Cut Calls After ‘Last Straw’ Jobs Data
AI inference Neutral · 50%
Generated 2026-05-11 15:39

AI provenance

Analysed by Rule-Based Analysis not AI Methodology v1.0 Generated
Technical identifiers
Provider tag
free-analysis-rule-based-analysis
Analysis version
free-analysis-rule-based-analysis
Article id
82249

Original source

Goldman Sachs & Co and Bank of America Corp are the latest in a growing cohort of Wall Street banks pushing back their forecasts for interest-rate cuts, arguing that both jobs and inflation data make a case for the Federal Reserve to keep rates on hold until at least the end of the year.

Read the full article on Bloomberg

Original article published by Bloomberg on May 11, 2026. Analysis and insights provided by AnalystMarkets AI.

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