Goldman Sachs, JPMorgan CEOs suggestion U.S. overall economy for economic downturn as labor tightness keeps Fed aggressive

Key Points

Speaking on a panel at the Foreseeable future Initiative Investment decision conference in Riyadh, Saudi Arabia on Tuesday, Solomon explained he expects economic problems to “tighten meaningfully from below.”
Fellow Wall Road titan Dimon agreed that the Fed would probable keep on mountaineering costs aggressively before pausing to let the facts to start out reflecting its efforts to rein in inflation.

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