Reported about 16 hours ago
Goldman Sachs CEO David Solomon stated that the Federal Reserve's interest rate adjustments in 2025 are expected to remain within a narrow range unless inflation trends change significantly. In a podcast, he mentioned that while durable goods inflation is weak, rising costs in services and food may pose challenges. The Fed aims to maintain steady rates, with no immediate cuts anticipated until inflation and employment figures warrant such actions. Solomon also forecasts increased activity in capital markets in 2025, particularly regarding private equity deals.
Source: YAHOO