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.



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