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Fed rate actions in 2025 seen in a narrow band, Goldman Sachs CEO says - Blue Water Healthy Living

Summary by Blue Water Healthy Living
NEW YORK (Reuters) -The Federal Reserve’s future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation changes, Goldman Sachs CEO David Solomon said in comments posted on the firm’s website on Wednesday. “Unless we get some policy action that really changes the trajectory of inflation, I think we’ll be in a narrow band with the policy rate,” Solomon said on the firm’s podcast. The U.S. central bank held int…
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regionalmedianews.com broke the news in on Wednesday, January 29, 2025.
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