You are here

Rare Goldman view on US economy

In an interview, senior exec gives his take on Fed tapering and talks about bank's business in Asia and S'pore ops. SIOW LI SEN reports

BT_20131104_LSCEO4TWBB_822108.jpg
'You look at corporates in the US, basically corporates in the world are in phenomenally good shape, they've got more cash on their balance sheet than they've had in a long period of time.'- Gary Cohn, Goldman Sachs president and chief operating officer -- PHOTO: ARTHUR LEE

THE US Federal Reserve is likely to begin tapering only in the second half of 2014 as the US economy remains sluggish, said Gary Cohn, Goldman Sachs president and chief operating officer. Last week, following the release of what some in the market saw as a "hawkish" statement from the Fed, they

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom