<div id="readability-page-1">Policy shift ahead: The Fed may remove its easing bias next week, signaling a more balanced view on future rate moves. Inflation stays hot: PCE inflation rose 3.8% year over year in April, the highest in three years, with core PCE at 3.3%. Markets brace longer: Goldman Sachs now expects no Fed rate cuts until 2027, citing strong growth and stubborn inflation.</div>

<p>The Federal Reserve signals a potential shift from an easing bias to a more balanced stance on future rate moves, driven by persistent inflation. April PCE inflation rose 3.8% year-over-year, the highest in three years, with core PCE at 3.3%. Consequently, Goldman Sachs now forecasts no Fed rate cuts until 2027, citing strong economic growth and stubbornly high inflation.</p>

- The Federal Reserve is likely to remove its easing bias, indicating a more balanced perspective on future interest rate changes.  
- In April, the PCE inflation rate increased by 3.8% year over year, the highest in three years, while core PCE reached 3.3%.  
- Goldman Sachs predicts that there will be no rate cuts from the Fed until 2027 due to robust economic growth and persistent inflation.

Fed signals shift from easing bias as inflation stays high