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CFOs of Goldman Sachs and Bank of America upbeat about the Fed’s rate cut
Good morning. CFOs have navigated economic uncertainty, inflation, and high interest rates over the past few years. But the Federal Reserve announced last week a 50 basis point cut to its benchmark interest rate, which is the first rate cut in four years. And big bank CFOs are optimistic about this move.
The Fed's big interest rate cut set the stage for a soft landing, Goldman Sachs exec says
The Federal Reserve’s decision to slash interest rates by a half point last week set the economy up to avoid a recession, according to Goldman Sachs (GS) chief financial officer Denis Coleman.
Fed's jumbo interest rate cut puts the U.S. on track for a soft landing, Goldman CFO says
The Fed's move to lower interest rates by 50 basis points puts the U.S. economy on track for a soft landing, according to Goldman's chief financial officer.
The Fed isn't going to be able to cut interest rates as much as it wants to, former Treasury Secretary Larry Summers says
Huge increases in wealth and debt levels prevents the Fed from cutting rates as much as it wants, Larry Summers said.
5d
on MSN
Watch CNBC's full interview with Goldman Sachs CFO Denis Coleman
Denis Coleman, chief financial officer at Goldman Sachs, speaks to CNBC’s Annette Weisbach. Stephen Hawking's black hole ...
5d
Soft landing or recession? Experts weigh in on the future of US economy
Goldman Sachs CFO Denis Coleman sees a soft landing ahead. JPM's Jamie Dimon disagrees with Coleman's view on US economy.
2d
SPHQ: An Attractive Investment Option Compared To Others
The Invesco S&P 500 Quality ETF boasts solid liquidity and resilience against market trends. Learn more about SPHQ's ...
GlobeSt.com
4d
Jamie Dimon Is Still a Skeptic on the Economy
Over the years, JPMorgan Chase CEO Jamie Dimon has often been skeptical of the economy, even when most other voices said ...
4d
Financial Heavyweights Offer Mixed Forecasts On Fed's Next Move
Dimon's reservations stem from a belief that inflation may not dissipate as readily as anticipated, casting doubt on the ...
1d
Denis Villeneuve's Dune Movies Never Got These Big Villains From the Books Right
Spice has often been analyzed as Herbert's version of oil in the Dune universe. The precious substance holds major sway on ...
11d
How to Watch Yibing Wu vs. Chak Lam Coleman Wong at the 2024 Hangzhou Open: Live Stream, TV Channel
In a match scheduled for Thursday, Chak Lam Coleman Wong (No. 141 in rankings) will take on Yibing Wu in the Round of 32 at ...
Independent.ie
5d
Cork Senior ‘A’ HC: Blarney through to semi-finals with win over quality Killeagh outfit
Others to sparkle for Killeagh as they recovered from their uncertain start were Dylan McCarthy up front, Sean Long at ...
12d
on MSN
Every 'Dune' Adaptation Has Left Out the Best Scene in the Book
No one is happy when a pivotal scene is left out of a movie adaptation. Sure, some things need to be cut out to make a story ...
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