Predictions of a 25 basis point rate cut by the Federal Reserve: A sharp rate cut may cause market panic
This article is machine translated
Show original
Odaily Odaily News: The institutional views predicting a 25 basis point rate cut by the Federal Reserve are summarized as follows: 1. Royal Bank of Canada: The US economy is expected to normalize rather than decline, so the Federal Reserve will cut interest rates by 25 basis points in September. 2. Standard Chartered Bank: The reason for the 25 basis point cut is that the upcoming inflation data does not support the view that inflation is rapidly approaching the 2% target. 3. Commerzbank: Broad risk aversion, stabilizing oil prices and solid economic data have weakened the possibility of a 50 basis point rate cut by the Federal Reserve. 4. Maybank: A large rate cut will send the wrong signal to the market and trigger market panic, so the Federal Reserve is expected to cut interest rates by 25 basis points. 5. Stock broker AngelOne: Considering the upcoming US presidential election, the Federal Reserve is not expected to be dovish and cut interest rates by 50 basis points. US retail sales unexpectedly grew by 0.1% month-on-month in August, indicating that the US economy remained robust in the third quarter. (Jinshi)
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content