Goldman CEO Solomon says rates are not too restrictive in contrast to Trump

David Solomon, CEO of Goldman Sachs Group Inc. “It just doesn’t feel like the policy rate is extremely restrictive when you look at risk appetite,” Solomon said at a conference of Barclays Plc Financial Services. Investor parals in markets are currently at the exuberant end of the spectrum, he said. According to the pricing in futures contracts, federal reserve policies are expected to reduce rates by a quarter -point at their meeting. Expectations also climbed for further reduction in meetings through the end of the year. If the Fed follows the cut of September 17, it could change a ‘Sell The News’ event if investors retreat, according to a note of JPMorgan Chase & Co., US Secretary of US Treasury, Scott Bestent, said last month that the Fed should perform a cycle of interest rates. Be to be at least 1.5 percent than it should be now. Former colleague and Federal Reserve Bank of Cleveland President Beth Hammack reiterated that she did not see the matter to lower interest rates this month, with the current data showing that inflation is still above the central bank’s 2% goal and is higher. Goldman recently repelled the by -act of the Trump administration. Last month, President Donald Trump exhorted the bank’s research work on his tariff measures, Solomon criticized for not praising his government’s achievements in public and even mocking the CEO and said on social media that Solomon “should only focus on a DJ and not bother to manage a major financial institution.” On Sunday, Besent criticized the New York firm and rejected his research on the effect of rates on US consumers and businesses. “I made a good career against Goldman Sachs,” he said on NBC’s Meet The Press. Solomon said he saw a mostly constructive environment, but warned that “trade policy was a winds for growth”, adding that “uncertainty delayed the investment”. He said that there is a ‘handful of constructive powers at a little wind, a little uncertainty’. Goldman’s shares climbed 30% this year and only Citigroup Inc. performance under the major US banks. The stock closed at $ 741.85 on Monday, just a record of $ 751.22 reached in August. © 2025 Bloomberg MP This article was generated from an automatic news agency feed without edits to text.