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Major investment banks forecast the Federal Reserve's rate cut path, starting as early as September.
Mars Finance news: according to Jintio, major investment banks have conducted forward-looking analyses of the Federal Reserve’s future interest rate path. Both Wells Fargo and ING expect the Federal Reserve to cut rates by 25 basis points in September and December, respectively. ANZ believes the rate-cutting cycle may restart in the third quarter. Goldman Sachs and Barclays also said that if inflation eases, the Federal Reserve will loosen policy around September. Bank of America predicts the total rate cuts could reach 50 basis points.