Goldman Sachs CEO suggests that the Federal Reserve does not need to quickly cut interest rates, contrary to the position of the Trump administration.

Goldman Sachs CEO David Solomon implied that the Federal Reserve does not need to lower interest rates quickly, contrary to the position of the Trump administration pressuring the central bank to loosen monetary policy. Solomon said at the Barclays Financial Services Conference, "From a risk appetite standpoint, I don't think policy rates are overly restrictive." He indicated that current market investors' enthusiasm is at the high end of the spectrum.