According to BlockBeats, on August 2, Goldman Sachs announced that the growth in non-farm employment in the United States has slowed more than expected, with the unemployment rate rising to 4.3%. In light of this, Goldman Sachs has revised its forecast for the Federal Reserve, now predicting three consecutive rate cuts of 25 basis points starting in September.

Furthermore, Goldman Sachs indicated that if the August non-farm employment report also shows weak performance and confirms the slowdown in job growth, there is a possibility of a 50 basis point rate cut in September.