Federal Reserve Lowers Rates
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lower interest ratesCNBC
•Fed's jumbo interest rate cut puts the U.S. on track for a soft landing, Goldman CFO says
77% Informative
Goldman Sachs chief financial officer Denis Coleman says rate cut puts U.S. economy on track for soft landing.
Comments come as market participants question whether rate cut delivered in time to bring down inflation without pushing economy into recession.
Some analysts have raised concerns about the outlook for the economy, warning similar supersized rate cuts couldn't avert recessions.
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