Institutions predicting a 25 basis point Fed rate cut

1. Royal Bank of Canada: expects the U.S. economy to normalize rather than recede, so the Fed will cut rates by 25 basis points in September.
2. Standard Chartered Bank: the reason for the 25 basis point cut is that the upcoming inflation data does not support the view that inflation is rapidly approaching the 2% target.
3. Bundesbank: widespread risk aversion, stabilizing oil prices and solid economic data weaken the likelihood of a 50 basis point Fed rate cut.
4. Malayan Banking Berhad: A sharp rate cut would send the wrong signal to the market, triggering a market panic, so the Fed is expected to cut rates by 25 basis points.
5. Stockbroker AngelOne: The Fed is not expected to cut rates dovishly by 50 basis points given the upcoming US presidential election.
6. Stockbroker AngelOne: U.S. retail sales unexpectedly rose 0.1% in August from a year earlier, suggesting that the U.S. economy remained solid in the third quarter.