BNP Paribas: Expect the Fed to adopt a hawkish rate cut policy
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Odaily reported that BNP Paribas expects the Federal Reserve to adopt a hawkish rate cut policy, and the bank may "open the door to suspending further rate cuts, but the duration of the (suspension of rate cuts) is uncertain". In addition, Jim Baird, Chief Investment Officer of Plante Moran Financial Advisors, said that any factor that causes the market to expect the Federal Reserve's rate cut pace to be slower than investors expect could bring a slight downside to the stock market.
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