Goldman Sachs CEO David Solomon anticipates one or two more rate cuts, depending on how “economic conditions play out.” Goldman Sachs CEO David Solomon has shot down the notion that the US Federal Reserve will cut interest rates by 50 basis points in September, just days after Standard Chartered Bank made the aggressive forecast.“Whether or not we have a 50 basis cut, I don’t think that’s probably on the cards,” Solomon said during an interview with CNBC on Wednesday. While CME FedWatch Tool data shows just 7.8% of market participants expect such a move at the Sept. 17 Fed meeting, Standard Chartered Bank recently raised its forecast to that level, citing August’s weaker-than-expected jobs report, according to a Reuters report on Monday.Read more Goldman Sachs CEO David Solomon anticipates one or two more rate cuts, depending on how “economic conditions play out.” Goldman Sachs CEO David Solomon has shot down the notion that the US Federal Reserve will cut interest rates by 50 basis points in September, just days after Standard Chartered Bank made the aggressive forecast.“Whether or not we have a 50 basis cut, I don’t think that’s probably on the cards,” Solomon said during an interview with CNBC on Wednesday. While CME FedWatch Tool data shows just 7.8% of market participants expect such a move at the Sept. 17 Fed meeting, Standard Chartered Bank recently raised its forecast to that level, citing August’s weaker-than-expected jobs report, according to a Reuters report on Monday.Read more
Goldman Sachs CEO doubts 50 basis point cut is ‘on the cards’
Goldman Sachs CEO David Solomon anticipates one or two more rate cuts, depending on how “economic conditions play out.”
Goldman Sachs CEO David Solomon has shot down the notion that the US Federal Reserve will cut interest rates by 50 basis points in September, just days after Standard Chartered Bank made the aggressive forecast.
“Whether or not we have a 50 basis cut, I don’t think that’s probably on the cards,” Solomon said during an interview with CNBC on Wednesday.
While CME FedWatch Tool data shows just 7.8% of market participants expect such a move at the Sept. 17 Fed meeting, Standard Chartered Bank recently raised its forecast to that level, citing August’s weaker-than-expected jobs report, according to a Reuters report on Monday.
Read more
Market Opportunity
Threshold Price(T)
$0.010047
$0.010047$0.010047
USD
Threshold (T) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Digitap Raises Over $4M: A Comparison with DeepSnitch AI
Both DeepSnitch AI and Digitap ($TAP) have been highlighted within some crypto communities for their distinct approaches. Although the two coins take a very different
Share
Crypto Ninjas2026/01/18 23:42
The Economics of Self-Isolation: A Game-Theoretic Analysis of Contagion in a Free Economy
Exploring how the costs of a pandemic can lead to a self-enforcing lockdown in a networked economy, analyzing the resulting changes in network structure and the existence of stable equilibria.
Share
Hackernoon2025/09/17 23:00
Crypto Enthusiasts Witness HYPE Coin’s Rebound as Key Resistance Breaks Loom
New DEX platforms emerged post-FTX collapse, with Hyperliquid seizing early entry. HYPE Coin remains attractive, despite market downturn, due to strong fundamentals
Share
Coinstats2026/01/18 22:33