Goldman Sachs Predicts Federal Reserve Rate Cuts Amid Economic Slowdown

According to BlockBeats, Goldman Sachs anticipates that the Federal Reserve will maintain current interest rates in the upcoming week. The financial institution expects the Fed to begin reducing rates during the remaining three meetings of 2025, driven by pressures from a slowing job market. Private sector hiring is nearing a 'standstill pace,' posing a risk of further deceleration. Additionally, consumer spending has stagnated for six consecutive months, a situation rarely seen outside of a recession. Goldman Sachs also forecasts two additional rate cuts by the Federal Reserve in early 2026.