Goldman’s David Solomon says Fed unlikely to cut rates this year: ‘We’re set up for stickier inflation’
![Goldman’s David Solomon says Fed unlikely to cut rates this year: ‘We’re set up for stickier inflation’](https://nypost.com/wp-content%2Fuploads%2Fsites%2F2%2F2024%2F05%2Fgoldman-sachs-ceo-david-solomon-82442570.jpg?quality%3D90%26strip%3Dall)
His comments came after Fed policymakers said the central bank should wait several more months to ensure that inflation really is back on track to its 2% target before cutting interest rates.