Barclays raises Fed easing expectations, expects two rate cuts in 2024
Odaily2024/07/13 01:51
By:Odaily
Odaily News Barclays economists adjusted their forecasts for Fed policy based on the June inflation data released this week and the cooling of the labor market. They now believe that the Fed will cut interest rates for the second time in December, building on the September rate cut. We also believe that the FOMC is increasingly convinced that the monetary policy stance is restrictive, which should further convince the FOMC to cut interest rates in September and December, Barclays economists Marc Giannini and Jonathan Millar said in a research note. (Financial World)
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sandbox co-founder: India is currently the largest creator market for The Sandbox
Cointime•2024/09/05 04:33
Nigeria Prepares Crypto Tax Proposal Despite Previous Ban
Cointime•2024/09/05 03:42