Goldman Sachs: If the August employment report shows a weak job market, it will prompt the Fed to cut interest rates more aggressively

BlockBeats news, on August 29, Goldman Sachs fixed income and liquidity solutions macro strategist Gurpreet Garewal said in a report that the Federal Reserve is expected to cut interest rates by 25 basis points three times in September, November and December. But she said that if the August employment report released next week shows more signs of weakness in the job market, it may prompt the Federal Reserve to start a larger interest rate cut of 50 basis points. (Jinshi)