Goldman's David Solomon predicts Fed won't make emergency rate cuts

Goldman Sachs CEO David Solomon said the Federal Reserve won’t make emergency rate cuts before the central bankers meet in September, despite Monday’s Wall Street meltdown over heightened risks of a recession.“I don’t expect that you’ll see anything before September,” Solomon said in an interview for Bloomberg’s “The David Rubenstein Show: Peer to Peer Conversations.”  3 Goldman Sachs CEO David Solomon said he believes interest rate cuts in September are likely. REUTERS“The economy will chug along and we ...