Goldman Sachs CEO Solomon: Currently speculating that the Fed will cut interest rates by 25 basis points for the first time, and expects to see two or even three rate cuts

Goldman Sachs CEO Solomon said that as autumn approaches, we expect to see two, possibly three, Fed rate cuts. The bank's outlook is slightly weaker, and I still think a soft landing is the most likely outcome. The current guess is that the Fed will first cut by 25 basis points, but 50 basis points is still possible. (Jinshi)