Goldman Sachs: The Federal Reserve May Cut Interest Rates Sooner

Goldman Sachs says the Federal Reserve may cut interest rates in September. The Federal Reserve may cut interest rates earlier than expected due to the weakening impact of tariffs and the decline in inflation. The expected terminal rate range for the Federal Reserve is 3.00-3.25%, previously expected to be 3.50%-3.75%. (Golden Ten) [Odaily Planet Daily]