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Goldman Sachs CEO Forecasts No Fed Rate Cuts This Year

by SB Crypto Guru News
May 22, 2024
in Crypto Updates
Reading Time: 1 min read
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News Bytes - 6David 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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