Online reports that Goldman Sachs expects the Federal Reserve to keep interest rates unchanged next week and start cutting rates in the three remaining meetings in 2025, as the slowing job market puts pressure on policymakers. Private sector recruitment is currently close to a "stagnation rate" and risks an intensification of the slowdown; meanwhile, consumer spending has stagnated for six consecutive months, a situation that is extremely rare outside of a recession. Goldman Sachs also expects the Federal Reserve to cut interest rates twice more in early 2026.