In April 2025, Goldman Sachs CEO David Solomon shared insights on the impact of US trade policy on financial markets.
Consequences of Changes in US Trade Policy
David Solomon discussed how changes in trade policy, including tariff postponements and uncertainty, affect market volatility. He stated, "Trade policy ambiguity is the primary driver of recent market volatility." Goldman Sachs believes that tariffs alone are not triggers for recession but do influence growth expectations.
Expectations for Federal Reserve Rate Cuts
The Federal Reserve is projected to gradually cut interest rates in 2025, maintaining current stability at 4.25-4.5%. Economic uncertainty is pressuring markets; however, Goldman Sachs indicates no immediate crisis is present.
Bitcoin Market Trends
Bitcoin (BTC) is currently trading at $88,742.73, with a market cap of $1.76 trillion. According to CoinMarketCap, Bitcoin has increased by 1.82% in the past 24 hours, with signs of gradual price stabilization.
David Solomon emphasizes that changes in US trade policy could significantly impact financial outcomes, highlighting the need for clarity in economic policy to ensure sustained growth.
