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

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ODAILY
08-07
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Odaily Odaily News Goldman Sachs CEO Solomon expects the Federal Reserve to avoid emergency rate cuts because he believes the U.S. 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 there may not be a recession." Solomon said, "Based on the economic data we have seen so far and the information sent by the Federal Reserve, I think there may be one or two rate cuts this fall." (Jinshi)

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