Goldman CEO denies speculation of emergency rate cuts - nothing until September
2024/8/7 4:22 JST (some excerpts)
The economy is going well, and interest rate cuts are likely to be cut once or twice in the fall - interview
Stock price adjustments “may be a healthy thing” - Solomon
Goldman Sachs Group Chief Executive Officer David Solomon indicated that the US economy would not fall into a recession (recession), and stated that there would be no emergency rate cuts by the Federal Open Market Committee (FOMC).
In an interview with Bloomberg Television broadcast on the 14th New York time, Mr. Solomon stated “I don't think anything will happen until September.” “The economy is progressing smoothly, and there probably won't be a recession,” he said.
The economy is going well, and interest rate cuts are likely to be cut once or twice in the fall - interview
Stock price adjustments “may be a healthy thing” - Solomon
Goldman Sachs Group Chief Executive Officer David Solomon indicated that the US economy would not fall into a recession (recession), and stated that there would be no emergency rate cuts by the Federal Open Market Committee (FOMC).
In an interview with Bloomberg Television broadcast on the 14th New York time, Mr. Solomon stated “I don't think anything will happen until September.” “The economy is progressing smoothly, and there probably won't be a recession,” he said.
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