Goldman Sachs Says Soft Labor Market ‘Seals the Case’ for Fed Rate Cut – Here’s the Bank’s Forecast

Banking giant Goldman Sachs believes that last month’s weak jobs report has guaranteed that the Fed will step in and cut rates. Data from the Bureau of Labor Statistics shows that the US economy added just 22,000 jobs in August, well below the consensus expectation of 75,000. Meanwhile, the unemployment rate ticked up from 4 source: https://dailyhodl.com/2025/09/07/goldman-sachs-says-soft-labor-market-seals-the-case-for-fed-rate-cuts-heres-the-banks-forecast/