Stock Ticker

Goldman Sachs CEO Solomon says expects a 25bp Fed rate cut, followed by another one or two

Goldman Sachs CEO Solomon speaking in a CNBC interview

  • We’re going to see a slight change in the policy rate as we move into the fall
  • I would expect a 25 basis point cut and I think you could see one or two other cuts
  • We’ve seen some job data that indicates that there has been some softeningin the economy
  • This week we will do more IPOs and have more IPO activity at Goldman Sachs and we’ve had since July, 2021

This article was written by Eamonn Sheridan at investinglive.com.

Source link

Get RawNews Daily

Stay informed with our RawNews daily newsletter email

Liverpool defender left out of World Cup squad

Madonna Covering Rent For Musicians Working At Her Old NYC Rehearsal Space

Up 16.5%! Here’s why Hollywood Bowl stock smashed the FTSE 250 today

Trump says Iran would not get sanctions relief in exchange for giving up enriched uranium