Fed rate cuts could come sooner than expected, says former Goldman CEO Lloyd Blankfein

Fed rate cuts could come sooner than expected, says former Goldman CEO Lloyd Blankfein

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The Federal Reserve probably won’t need to keep interest rates higher for longer, Lloyd Blankfein, the former Goldman Sachs chairman and CEO, said Tuesday. While Fed Chairman Jerome Powell and other top Fed staff might continue to use tough rhetoric on the need to keep rates higher for some time,…

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