Differing Opinions on Federal Reserve Rate Cuts Ahead of US Presidential Election on Nostr: Major Brokerages Expect US Rate Cuts After Soft Inflation Data =============== ...
Major Brokerages Expect US Rate Cuts After Soft Inflation Data
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#504cefd6 ver:0.79
Major brokerages anticipate US rate cuts following soft inflation data, with traders pricing in 50 bps worth of cuts for the year. The Fed's focus is on getting inflation back to target, but it may require several months of evidence before considering a pivot. Global brokerages, including J.P. Morgan and Goldman Sachs, expect rate cuts in July, September, or December to boost the economy after a challenging 2023. Markets are pricing in a 72% chance of a September rate cut. #Fed #inflation #ratecuts #economy...
#newstr #UsFederalReserve #InterestRates #Inflation #Brokerages
https://here.news/story/504cefd6?ver=0.79
===============
#504cefd6 ver:0.79
Major brokerages anticipate US rate cuts following soft inflation data, with traders pricing in 50 bps worth of cuts for the year. The Fed's focus is on getting inflation back to target, but it may require several months of evidence before considering a pivot. Global brokerages, including J.P. Morgan and Goldman Sachs, expect rate cuts in July, September, or December to boost the economy after a challenging 2023. Markets are pricing in a 72% chance of a September rate cut. #Fed #inflation #ratecuts #economy...
#newstr #UsFederalReserve #InterestRates #Inflation #Brokerages
https://here.news/story/504cefd6?ver=0.79