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