According to the latest report from Goldman Sachs' Fixed Income and Liquidity Solutions Macro Strategy team led by Gurpreet Garewal, the Federal Reserve (Fed) might lower interest rates by 25 basis points three times in September, November, and December of this year. This forecast is based on the current global economic conditions and market expectations, aiming to address potential pressures on economic growth. However, Garewal also emphasized that if more signs of weakening in the labor market appear in the August employment report, the Fed might consider more aggressive measures, such as cutting rates by 50 basis points, to further stimulate economic growth. This prediction reflects the high sensitivity and complexity of the current economic environment and the challenges and choices faced by policymakers.