Before the upcoming Jackson Hole Global Central Bank Annual Meeting next week, Goldman Sachs predicts that the Federal Reserve will decide to cut interest rates by 25 basis points at the next three meetings in September, November, and December. Following this, there will be a rate cut every quarter next year, with another cut in 2026. Ultimately, the Federal Reserve's policy rate, the federal funds rate, should be about 200 basis points lower than the level of the past 13 months, at 5.375%. Goldman Sachs' US economists still do not believe that the economy will enter a recession in the near future.

<div>Before the upcoming Jackson Hole Global Central Bank Annual Meeting next week, Goldman Sachs predicts that the Federal Reserve will decide to cut interest rates by 25 basis points at the next three meetings in September, November, and December, followed by a rate cut every quarter next year, and another rate cut in 2026. Ultimately, the Federal Reserve's policy rate, the federal funds rate, should be about 200 basis points lower than the level of the past 13 months, at 5.375%. Goldman Sachs' U.S. economists still do not believe that the economy will enter a recession in the near future.</div>

Goldman Sachs: The Federal Reserve will decide to cut interest rates by 25 basis points at the three meetings in September, November, and December consecutively.