Goldman Sachs: The Federal Reserve is more likely to cut interest rates by 25 basis points in September

ChainCatcher message, regarding the Federal Reserve's rate cut, Goldman Sachs Chief Economist Hatzius said on Monday, "I wouldn't rule out the possibility of a 50 basis point cut, but a 25 basis point cut is more likely."

Hatzius added, "I think the Federal Reserve has ample reason to cut by 50 basis points because the current federal funds rate is simply too high. It is the highest policy rate among the G10. Despite the fact that the U.S. has actually made greater progress on inflation than most G10 economies." (Jin Shi)