Goldman Sachs CEO: The Federal Reserve is not expected to cut interest rates urgently, and may cut rates 1-2 times in the fall.

BlockBeats News, on August 7th, Goldman Sachs CEO Solomon predicts that the Fed will avoid emergency rate cuts because he believes the US economy will avoid a recession. Solomon said in an interview, ‘I don’t expect to see any progress before September. The economy will develop steadily and a recession may not occur.’ Solomon said, ‘Based on the economic data and information released by the Fed, I think there may be one or two rate cuts in the autumn of this year.’ (Jin10)

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Rabbi_01vip
· 2024-08-07 02:35
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