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Goldman Sachs forecasts that the Federal Reserve will start three consecutive rate cuts of 25 basis points in September

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2024-08-02 14:18:21
Goldman Sachs forecasts that the Federal Reserve will start three consecutive interest rate cuts of 25 basis points in September. Goldman Sachs also said that if the August non-farm payrolls report continues to show weakness and confirms a slowdown in employment growth, then it does not rule out the possibility of a 50 basis point interest rate cut in September.
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