Wall Street professionals remain uncertain as markets continue to confound on Nostr: US Federal Reserve to Take Cautious Approach in Election Year, Expert Says ...

US Federal Reserve to Take Cautious Approach in Election Year, Expert Says
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#df25ce9f ver:0.37

Goldman Sachs CEO predicts no Federal Reserve cuts in 2024, citing a fragile US economy and dampened impact of higher rates. However, Boston Fed President remains cautiously optimistic about achieving a Goldilocks economy. Goldman Sachs expects rate cuts in September and quarterly cuts thereafter. Wall Street economists forecast two rate cuts this year and more in 2025. Experts believe the Fed will take a cautious approach in an election year. Solomon's prediction impacts Bitcoin price, but analysts see short-term recovery. Traders reduce rate cut bets after Fed minutes hint at longer inflation easing. Solomon's remarks provide valuable insights for navigating uncertain economic terrain. #FederalReserve #economy #interestrates #inflation #Bitcoin...

#newstr #UsFederalReserve #Inflation #ElectionYear #InterestRates #ImportTariffs #India #InfrastructureInvestment #HumanCapital

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