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[Goldman Sachs: The Fed Will Further Cut Interest Rates This Year As Tariffs Drag On US Economic Growth] Goldman Sachs Expects The Federal Reserve To Cut Interest Rates Three Times This Year As Tariffs Drag On Economic Growth And Push Up Unemployment. Goldman Sachs Currently Expects The Fed To Cut Interest Rates In July, September And November, Compared With Its Previous Forecast Of Two Rate Cuts This Year And One In 2026. Previously, Goldman Sachs Raised Its Assumptions For Tariffs For The Second Time In Less Than A Month, And Now Expects The Average US Tariff Rate To Rise By 15 Percentage Points In 2025
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