[Goldman Sachs CFO: The Federal Reserve’s first 50 basis point interest rate cut is a clear sign of a new direction] Golden Finance reported that Goldman Sachs CFO Denis Coleman believes that the Federal Reserve’s recent decision to cut interest rates by 50 basis points is a significant interest rate cut that some market analysts Economists have doubts about inflation and recession risks, but still lay a good foundation for a soft landing of the economy. He said: "This first 50 basis point rate cut is a clear sign of a new direction. I hope this will increase confidence, reduce the cost of capital, and possibly stimulate strategic activity as we approach the end of the year." Federal Open Market Committee (FOMC) Some economists unexpectedly voted to lower its key overnight lending rate to a target range of 4.75% to 5%. (Golden Ten)