Goldman Sachs CEO Talks About Bitcoin (BTC)! Updated Interest Rate Forecast! Will FED Surprise Tomorrow?

US banking gianti Goldman Sachs’ın CEO’su David Solomon The FED announced its updated forecasts just one day before announcing its July decision.

Just 2 months ago, Solomon, who predicted that the FED would not cut interest rates in 2024, updated his predictions.

Speaking to CNBC Goldman Sachs CEO says Fed is likely to cut interest rates one or two times in 2024

FEDThe famous CEO, who thinks that the interest rate cut will start in the autumn months, He said he did not expect the Fed to cut interest rates at tomorrow’s meeting.

“Now that I look at the data and the way things are going, I think it looks more likely that there will be one or two rate cuts in the fall.

I do not expect a rate cut decision at tomorrow’s meeting.”

Bitcoin Speaking about Bitcoin, the Goldman Sachs CEO said that Bitcoin could have potential and usage as a store of value.

Solomon said Bitcoin could serve as a store of value similar to gold.

What Does the FED Expect?

Tomorrow FED It will announce its interest rate decision in July. If the FED does not make a surprise decision, the expectation is that interest rates will remain constant.

At this point, the FED is expected to make its first interest rate cut in September.

*This is not investment advice.