The Fed maintained interest rates unchanged on Wednesday, with Chair Jerome Powell signaling no urgency for cuts until inflation and labor market data support such a move.
Looking ahead, Solomon anticipates a stronger environment for capital markets in 2025, with increased deal activity, particularly involving private equity firms. Goldman Sachs recently reported its highest quarterly profit in over three years, driven by strong investment banking and trading performance.
This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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