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Wall Street professionals remain uncertain as markets continue to confound /
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2024-05-22 19:58:25

Wall Street professionals remain uncertain as markets continue to confound on Nostr: Goldman Sachs CEO David Solomon Predicts Zero Federal Reserve Cuts in 2024 ...

Goldman Sachs CEO David Solomon Predicts Zero Federal Reserve Cuts in 2024
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#df25ce9f ver:0.27

Goldman Sachs CEO David Solomon predicts zero Federal Reserve cuts in 2024, citing a slightly fragile US economy and the dampening impact of government spending and AI investments on higher rates. He expresses concern about the risk of a slowdown and characterizes the global economic environment as slow and sluggish. Solomon's prediction contradicts the forecast of the firm's chief economist, who expects two rate cuts in the future. #FederalReserve #economy #interestrates #GoldmanSachs...

#newstr #GoldmanSachs #FederalReserve #UsEconomy #UsDebt #FiscalSpending #InterestRateCuts #Europe #GlobalGrowth

https://here.news/story/df25ce9f?ver=0.27
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