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Goldman Sachs CEO Forecasts No Fed Rate Cuts This Year

CryptoExpert by CryptoExpert
May 22, 2024
in Bitcoin News
0
Goldman Sachs CEO Forecasts No Fed Rate Cuts This Year
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David Solomon, CEO of Goldman Sachs, expressed doubts about the Federal Reserve cutting interest rates this year due to the resilient economy, bolstered by government spending and investments in AI infrastructure. Despite these factors, Solomon highlighted the impact of rising prices on consumer behavior, referencing recent reports from McDonald’s and Autozone indicating reduced spending. He […]



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