Goldman Sachs forecasts 25bp Fed rate cuts in September, November and December ...Middle East

Goldman Sachs chief economist Jan Hatzius spoke on CNBC after the jobs report on Friday. said “there is a rationale” for a 50bp rate cutbut 25bp is more likelyforecasts three consecutive cuts beginning this monthOne caveat:"the Fed leadership is open to 50bp cuts at subsequent meetings if the labor market continues to deteriorate."Dates for the September, November and December meetings This article was written by Eamonn Sheridan at www.forexlive.com.

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