Goldman Sachs Asset Management Says Fed Focus Hinges on Inflation and Duration of Iran War

Goldman Sachs Asset Management said recent U.S. nonfarm payrolls data has increased its confidence that the Federal Reserve does not need to worry about labor-market conditions. According to Jin10, Lindsay Rosner, head of multi-sector fixed income investing at Goldman Sachs Asset Management, said the Fed would focus on inflation, and that the key factor shaping its next move would be how long the war involving Iran lasts.