Goldman Sachs: The Federal Reserve May Cut Interest Rates Sooner Than Expected

On July 8, Goldman Sachs stated that the Federal Reserve may cut interest rates in September. Due to the weakening impact of tariffs and the decline in inflation, the Federal Reserve may cut interest rates earlier than expected.

The terminal interest rate range of the Federal Reserve is expected to be 3.00-3.25%, previously expected to be 3.50%-3.75%. (Golden Ten) [BlockBeats]