I had the forecast from Goldman Sachs posted yesterday during Asia time:Goldman Sachs expect three consecutive Federal Reserve 25bp cuts starting in SeptemberRecap/adding more now:Goldman Sachs expects the Federal Reserve to keep interest rates unchanged at its upcoming policy meeting on July 29-30, but anticipates rate cuts at each of the remaining three meetings in 2025:September 16-17October 28-29December 9-10Looking ahead, Goldman also forecasts two additional rate cuts by the Fed in early 2026.Analysts say that this expectaion is provided inflation expectations stay anchoredemphasises that the easing cycle is contingent on inflation not flaring up again, but with current trends holding, it sees room for a gradual but steady policy pivot.Analysts cite:mounting pressure from a weakening job market, with private-sector hiring slowing to near “stall speed,” raising the risk of a deeper economic decelerationconsumer spending has flatlined for six consecutive months—an unusual trend outside of recessionary periods This article was written by Eamonn Sheridan at investinglive.com.