Goldman Sachs Delays Fed Rate Cut Forecast to December 2026 Due to Iran War Inflation

Goldman Sachs's postponement of its own forecast may create a negative signal for the market by pushing back interest rate cut expectations. Although the RSI stands at 57.7, indicating a neutral zone in technical indicators, the MACD hovering near its signal line suggests weakening momentum. While the price remaining above the 20- and 50-day moving averages provides short-term support, the uncertainty generated by the news could increase selling pressure. In the short term, a bearish bias prevails, but since the current technical structure does not signal a full breakdown, the confidence level is moderate.

The news indicates that increasing geopolitical risks could lead the Fed to delay interest rate cuts, potentially putting pressure on growth stocks. GOOGL's RSI is approaching overbought territory at 68, while the MACD remains below the signal line. Short-term upward momentum may weaken, and resistance could form at the $400 level. However, as the stock remains above its 20- and 50-day moving averages, any decline is expected to be limited.

The news indicates that geopolitical risks and inflation pressures are set to increase. This could negatively impact the market by causing the Fed to postpone interest rate cuts. Technically, the RSI is near 70 and in overbought territory, increasing the likelihood of a short-term correction. The MACD has started to fall below the signal line, indicating weakening momentum. However, since the price remains above the 20- and 50-day moving averages, any decline is expected to be limited.

The news indicates that increasing geopolitical risks could prompt the Federal Reserve to delay interest rate cuts, potentially heightening inflationary pressures and triggering growth concerns. With the RSI on the NDX at 78.8, firmly in overbought territory, the likelihood of a short-term correction or profit-taking increases. Following a 4.2% rally over the past 24 hours, this development may lead investors to adopt a cautious stance and reduce positions. However, as the MACD continues to signal bullish momentum, any downside could remain limited.