Goldman Sachs CEO David Solomon Predicts No Rate Cuts by US Fed in 2024, Citing Concerns about Inflation and Global Growth
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#df25ce9f ver:0.33

Goldman Sachs CEO David Solomon predicts no rate cuts by the US Fed in 2024, citing concerns about inflation and global growth. This has led to a 0.66% drop in the price of Bitcoin, as investors react to the prospect of no further rate cuts. However, some analysts believe this may be a knee-jerk reaction, as the crypto industry has growth catalysts. Solomon's prediction has broader implications for the risky asset ecosystem, as traditional assets may continue to compete with Bitcoin. Traders have reduced bets on rate cuts after the Federal Reserve's cautious approach to inflation. Solomon's remarks provide valuable perspectives for investors and policymakers. #Fed #inflation #globalgrowth #Bitcoin #crypto #investing...

#newstr #GoldmanSachs #UsFederalReserve #Bitcoin #Cryptocurrency #RateCuts #InterestRates #Inflation #UsEconomy #Europe #IndustrialPolicy 

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