Several Wall Street investment banks adjust Fed rate cut forecasts due to cold non-farm payrolls data

Because of the cold non-farm payrolls data, a number of Wall Street investment banks to adjust the Fed's rate cut forecasts, which: 1. Goldman Sachs: the Fed will cut interest rates this year by 25 basis points is expected to increase to three times, do not rule out the rate cut in September 50 basis points. 2. Citi: the Fed will cut interest rates in September, November and December, respectively, 50/50/25 basis points, previously expected to be 25 basis points. 3. Bank of America: the Fed is expected to start cutting rates by 25 basis points in September, compared with previous expectations of December. 4. JP Morgan: the Fed is expected to cut interest rates in September and November, 50 basis points each, and 25 basis points at each meeting thereafter.