Goldman Sachs: The possibility of the Fed cutting interest rates by 50 basis points in September has not been ruled out
Lindsay Rosner, head of multi-sector fixed income at Goldman Sachs Asset Management, said that tonight's CPI data paved the way for a 25 basis point rate cut in September, but considering that there will be more data in the future, the possibility of the Fed cutting interest rates by 50 basis points has not been ruled out.
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