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Wall Street professionals remain uncertain as markets continue to confound /
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2024-07-13 02:04:11

Wall Street professionals remain uncertain as markets continue to confound on Nostr: Investment Managers React to Lower-Than-Expected US Inflation Figures, Predict ...

Investment Managers React to Lower-Than-Expected US Inflation Figures, Predict Potential Interest Rate Cut
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#df25ce9f ver:0.47

Investment managers predict a potential interest rate cut in September as US inflation rate falls to 3%, lower than expected. Traders are pricing in a quarter-point cut by the US Federal Reserve, with a 69% chance according to CME's FedWatch tool. The Fed's decision is politically sensitive ahead of the US presidential election, but investment managers view the lower inflation figures as supporting the case for a rate cut. #InterestRates #Inflation #USFederalReserve #Economy...

#newstr #UsInflation #FederalReserve #InterestRates #InvestmentManagers

https://here.news/story/df25ce9f?ver=0.47
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