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ICYMI – Goldman Sachs CEO Solomon said still a chance the Federal Reserve cut by 50bp

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.

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