Investment bank Goldman Sachs recently released a report detailing its expectations for global central bank meetings, particularly for Federal Reserve Chair Jerome Powell's speech. Powell will speak on August 23, although the speech will be broadcast live without a question and answer session. Goldman Sachs expects that the market will gain confidence and receive signals of data dependence from Powell's speech. According to the bank's economists' forecasts, starting in September, the Fed will cut interest rates three times consecutively, with each cut amounting to 25 basis points. This prediction is based on the market's response to weaker-than-expected July employment data, which may have led to an overly optimistic expectation of a 50 basis point cut at the next meeting.