Goldman Sees Strong US Growth, Tame Inflation With Two Fed Cuts

The US economy this year will get a boost from tax cuts, real wage gains and rising wealth, while inflation will moderate, according to economists at Goldman Sachs Group Inc.

With the outlook for the labor market more uncertain, the Federal Reserve is set to deliver two more 25 basis-point interest rate cuts — in June and September — according to the bank’s 2026 US Economic Outlook report dated Jan. 11.