HomeMarketsU.S. Economy & JobsGreg McBride: "The First Step in a Series of Rate Cuts"

Greg McBride: "The First Step in a Series of Rate Cuts"

Bankrate.com's Greg McBride says it doesn't matter if it's a 25bps or 50bps rate cut. Instead, his focus is on the rate cut cycle ahead and what it means for 2025. McBride says a 50bps cut could act as "insurance" in case the Fed is behind the curve on cutting rates in the first place.

Futures

18 Sep 2024

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