Goldman Sachs CEO Solomon: currently speculating that the Federal Reserve will drop 25 basis points for the first time, it is expected to see two or even three interest rate cuts
2024-09-11 16:36:30
Goldman Sachs CEO Solomon said that as the fall comes, it is expected to see two, maybe even three, Fed rate cuts. The outlook for banks is slightly weaker, and I still think a soft landing is the most likely outcome. The current guess is that the Fed will drop by 25 basis points for the first time, but 50 basis points is still possible.
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