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Week Ahead – Fed to cut interest rates, BoE and BoJ to remain on hold
video Since the July US employment report, which sparked fears of recession, investors have been trying to figure out the size of the potential rate cut the Fed will deliver at its September gathering, and the moment of truth has finally come. On Wednesday, the Fed announces its decision, and it seems that it is not a matter of whether officials will press the rate cut button, but how strongly. In other words, by how many basis points will they lower the Fed funds target rate. Following Chair Powell’s speech at Jackson Hole, where he noted that they will not tolerate further weakness in the labor market, ... (full story)
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- Posted: Sep 13, 2024 12:47pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 5,024
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