HomeMarketsU.S. Economy & Jobs“Hawkish” 50-Point Rate Cut: The Fed’s Path from Here

“Hawkish” 50-Point Rate Cut: The Fed’s Path from Here

“Powell was doing anything to make sure he could get a 50-basis point cut,” says Andrew Brenner. He expects another 75-basis points’ worth of cuts this year. He adds that if any of the unemployment reports between now and the Fed’s December meeting are weak, he expects more aggressive moves.

Trading 360

19 Sep 2024

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