Goldman Sachs continue to bang the ‘two rate cuts this year’ drum – this time the CEO

I posted back in April on Goldman Sachs trimming their Fed rate cut forecasts from three to two in 2024:

Adam posted on that call being trotted out again last week:

The call has trickled up to the C-suite, CEO David Solomon speaking in an interview on Monday:

  • Says inflation
    continues to be a little bit sticky
  • Says there is a
    possibility of a rate cut or two this year

When you’re remixing the firm’s economists

This article was written by Eamonn Sheridan at Source