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Three Tips For Small Business Borrowers In A High Interest Environment [Forbes]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Forbes
WASHINGTON, DC — Federal Reserve Bank Chair Jerome Powell announces that interest rates will remain ... [+] unchanged during a news conference at the bank's on May 01, 2024 in Washington, DC. Following the regular two-day Federal Open Markets Committee meeting, Powell said the U.S. economy continues to show momentum and inflation has remained high in recent months, informing the Fed's decision to keep their current 5.33 percent rate setting. (Photo by Chip Somodevilla/Getty Images) Entering 2024, indications were that inflation might be easing, and borrowers became hopeful that interest rate cuts would be on the horizon. Now, four months into the year, inflation remains sticky, and Federal Reserve Chair Jerome Powell has suppressed talk about rate cuts. “In recent months, inflation has shown a lack of further progress toward our 2% objective,” Powell said following the meeting on Wednesday, May 1. “(Interest rate cuts) will take longer than previously expected.” Powell said rec Show less Read more
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