ICYMI, Greg had the details earlier:
Goldman Sachs Solomon on CNBC. Sees 2 maybe 3 cuts. Could see possibility of 50 BP cut
Soloman said that while there is a case to be made for a 50bp cut, citing more softening in the labor market, he puts the probability of such a cut “in the low 30s.”
expects a quarter-point cut next weekand another two times through year end
This article was written by Eamonn Sheridan at www.forexlive.com.