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Fed's Rate Cut 'Maintain A Soft Landing Trajectory' For US Economy, Says Goldman Sachs
Tuesday, September 24, 2024 - 9:11am | 543Goldman Sachs CFO Denis Coleman stated that the Federal Reserve’s recent decision to lower interest rates by 50 basis points positions the U.S. economy for a soft landing. What Happened: The Federal Open Market Committee voted last Wednesday to reduce the benchmark overnight borrowing rate by...