Goldman Sachs CEO Solomon says expects a 25bp Fed rate cut, followed by another one or two

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Goldman Sachs CEO Solomon speaking in a CNBC interviewWe’re going to see a slight change in the policy rate as we move into the fallI would expect a 25 basis point cut and I think you could see one or two other cutsWe’ve seen some job data that indicates that there has been some softeningin the economyThis week we will do more IPOs and have more IPO activity at Goldman Sachs and we’ve had since July, 2021 This article was written by Eamonn Sheridan at investinglive.com.