BlockBeats news, on July 22, Goldman Sachs expects the Federal Reserve to maintain interest rates next week and to begin cutting rates at the remaining three meetings in 2025 due to pressure from a slowing job market. Current private sector hiring is close to 'stalling speed', with risks of further deceleration; meanwhile, consumer spending has stagnated for six consecutive months, a situation that is extremely rare outside of a recession. Goldman also expects the Federal Reserve to cut rates twice more in early 2026.