Major investment banks predict the Federal Reserve's interest rate cut path, starting as early as September

According to Jinshi News, major investment banks have conducted forward-looking analyses on the Federal Reserve's future interest rate path. Wells Fargo and ING both expect the Federal Reserve to cut rates by 25 basis points in September and December. ANZ believes that the rate-cutting cycle may restart in the third quarter. Goldman Sachs and Barclays also stated that if inflation falls, the Federal Reserve will ease policy around September. Bank of America predicts that the rate cut could reach 50 basis points.