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Goldman Sachs CEO David Solomon said he's "pretty confident" the Fed will cut rates by 25 bps at the September 16-17 FOMC meet, while ruling out a 50 bps cut. He added that he expects one or two more cuts later in 2025, depending on data. Solomon noted labor market softness and warned of tariff drag.
short by / 09:55 am on 11 Sep
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