Goldman Sachs CEO: Expects the Federal Reserve not to cut interest rates urgently, and may cut interest rates 1-2 times in the fall.
This article is machine translated
Show original
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)
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content