Goldman Sachs predicts: The Federal Reserve will start cutting interest rates in September, with a possible maximum cut of 50 basis points.

According to the Wise Finance APP, Goldman Sachs expects the Federal Reserve to start cutting interest rates in September, with three consecutive cuts of 25 basis points each. The bank also stated that if the next employment report shows a further increase in the unemployment rate, the Fed may further cut rates by 50 basis points.