Singing against the Trump administration! Goldman Sachs CEO: The Federal Reserve does not need to quickly cut interest rates.

Zhijun Finance APP learned that David Solomon, CEO of Goldman Sachs Group, stated that there is no need for the Federal Reserve to quickly lower interest rates. This contrasts with the Trump administration's pressure on the Fed to relax monetary policy. Solomon said at the Barclays Financial Services Conference, "From the perspective of risk appetite, I don't think the current policy rates are particularly suppressive." He pointed out that investors in the market are currently overly excited.