Goldman Sachs analysts: The FOMC may modify its statement, and a rate cut is expected in September, followed by quarterly rate cuts.

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ODAILY
07-30
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Odaily Odaily News: David Mericle, chief US economist at Goldman Sachs, said that the FOMC is expected to revise its statement, suggesting that it is closer to a rate cut at the July meeting, and that the FOMC now only needs to "slightly" increase its confidence in the inflation outlook to cut rates. Goldman Sachs' revision of its expectations for a rate cut in July supports its view of a rate cut in a few months, with the first rate cut expected in September, followed by quarterly rate cuts. (Jinshi)

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