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3232Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September
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Thu, 08 Aug 2024 08:30:21 +0000https://www.digit.info/goldman-sachs-ceo-fed-unlikely-to-cut-rates-before-september/Read more]]>Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,” Solomon indicated that while investors had anticipated potential rate cuts before the September meeting due to global market […]
Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a recession. Speaking on “The David Rubenstein Show,” Solomon indicated that while investors had anticipated potential rate cuts before the September meeting due to global market […]
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