Wall Street professionals remain uncertain as markets continue to confound on Nostr: Goldman Sachs CEO David Solomon Predicts No Rate Cuts by US Fed in 2024, ...

Goldman Sachs CEO David Solomon Predicts No Rate Cuts by US Fed in 2024, Contradicting Federal Reserve Bank of Boston President Susan Collins
===============
#df25ce9f ver:0.35

Goldman Sachs CEO David Solomon predicts no rate cuts by the US Fed in 2024, citing a fragile economy and dampened impact of higher rates. This contradicts Federal Reserve Bank of Boston President Susan Collins, who believes in achieving a Goldilocks economy. Solomon's prediction has impacted Bitcoin, causing a 0.66% price drop. However, analysts see potential for recovery due to bullish fundamentals. Traders have reduced bets on rate cuts after the Fed's cautious approach. Solomon's remarks provide valuable perspectives for investors and policymakers. Goldman Sachs still expects economic growth and predicts rate cuts in September and beyond. #Fed #economy #Bitcoin #GoldmanSachs...

#newstr #GoldmanSachs #FederalReserve #Bitcoin #Cryptocurrency #RateCuts #InterestRates #Inflation #UsEconomy #Europe #IndustrialPolicy #GlobalGrowth

https://here.news/story/df25ce9f?ver=0.35