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2025-09-15 20:25:03
[Goldman Sachs: The Fed is expected to cut interest rates once more after September] In addition to the 25 basis point rate cut on Wednesday as widely expected by the market, Federal Reserve officials may also include in their plans at least one more rate cut before the end of the year. Goldman Sachs analyst David Mericle said that the latest "dot plot" released by the Federal Reserve in June showed that the median expectation of officials was two cumulative rate cuts in 2025, and this expectation is likely to remain at this level. He pointed out that inflation remains a thorny issue, but the urgency of the labor market has increased. Mericle also said that the Federal Reserve Chairman may not directly commit to an October rate cut at the press conference: "However, Chairman Powell may hint in this direction at the press conference."
