Goldman Sachs analysts: The FOMC may revise its statement, expecting the first rate cut in September followed by quarterly cuts

ChainCatcher message, Goldman Sachs' Chief U.S. Economist David Mericle stated that the FOMC is expected to modify its statement, hinting that it is closer to cutting rates at its July meeting. The FOMC now only needs to "slightly" enhance its confidence in the inflation outlook to cut rates. Goldman Sachs' revision of its rate cut expectations for July supports its view of a rate cut a few months later, with the first cut expected in September, followed by quarterly cuts. (Jin Ten)