Blockchair's logo

The Fed Faces Rate Cut Dilemmas Bitcoinhaber 06 Aug 2024

The Fed Faces Rate Cut Dilemmas 🇺🇸

Goldman Sachs CEO David Solomon has predicted that the United States will avoid a recession, and the Federal Reserve (Fed) will not need to urgently lower borrowing costs. In a recent interview, Solomon expressed confidence in the slow but steady progression of the economy. He suggested that no major economic downturn is expected before September, indicating a positive outlook for the near future. Solomon's predictions highlight a stable economic trajectory, reducing the urgency for immediate Federal Reserve rate cuts.

Source: en.bitcoinhaber.net ↗