Goldman Sachs Economist Discusses Potential Rate Cuts at September FOMC Meeting

According to BlockBeats, Goldman Sachs Chief U.S. Economist David Mericle has highlighted a significant issue for the September Federal Open Market Committee (FOMC) meeting. The key question is whether the committee will indicate that this could be the first step in a series of rate cuts. Mericle anticipates that the statement will acknowledge the weakening labor market but does not expect any changes in policy guidance or an implicit approval of a rate cut in October.