Goldman Sachs: Expects FOMC Statement Will Not Signal October Rate Cut

BlockBeats News, September 15th, Goldman Sachs Chief US Economist David Mericle stated that the key question for the September FOMC meeting is whether the committee will signal that this could be the first step in a series of rate cuts. We expect the statement to acknowledge softening in the labor market but not to alter its policy guidance, nor to endorse a rate cut in October. (FXStreet)