Most Investment Banks Expect Fed Rate Cut in September While Morgan Stanley and Bank of America Remain Cautious
According to Jinse Finance, major investment banks including Barclays, BNP Paribas, and Deutsche Bank now expect the Federal Reserve to cut interest rates by 25 basis points in September. Previously, at the Jackson Hole annual meeting, Federal Reserve Chairman Jerome Powell shifted his tone and discussed the increasing risks in the labor market. (Zhitong Finance)
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
Tether considers investing $1.2 billion in German robotics company Neura Robotics
Founders Fund reduces its Bitmine holdings by half, currently holding approximately 2.547 million shares.
Trending news
MoreCrypto prices
More
