Major investment banks predict the Federal Reserve's interest rate cut path could begin as early as September.

According to Huoxun Finance, several major investment banks have conducted forward-looking analyses of the Federal Reserve's future interest rate path. Wells Fargo and ING both predict that the Fed will cut interest rates by 25 basis points each in September and December; ANZ believes the rate-cutting cycle may resume in the third quarter; Goldman Sachs and Barclays stated that if inflation falls, the Fed will ease policy around September; and Bank of America predicts that the rate cut could reach 50 basis points.