Goldman Sachs predicts that the Fed will cut interest rates three times this year, with weak employment being a key factor.

On August 18, Block Rhythm reported that Goldman Sachs expects the Fed to cut interest rates three times this year, with the expected cut times in September, October, and December, due to weak employment growth in the United States.

Analysts point out that the number of new jobs has slowed to about 30,000 per month, far below the approximately 80,000 needed to achieve full employment, and future revised data may lean negative. They believe the risks come not only from trade and immigration, but that "compensatory hiring" is fading, with growth in most sectors approaching zero.

Goldman Sachs warns that despite the unemployment rate remaining stable, even a slight slowdown in the labor market is concerning. If the unemployment rate rises more significantly, it could trigger a larger 50 basis point rate cut.

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OptionWhisperervip
· 08-18 11:10
It's time to Be Played for Suckers again...
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FOMOmonstervip
· 08-18 11:04
With such poor employment, why isn't btc rising?
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FrogInTheWellvip
· 08-18 11:03
This is supposed to be stable? No way!
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SelfSovereignStevevip
· 08-18 11:01
It was said earlier that interest rates would be raised, and now it seems you can't hold on any longer.
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ForkYouPayMevip
· 08-18 10:58
The Fed is not in a panic yet, stop being so cowardly.
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