Due to the cold non-farm data, a number of Wall Street investment banks adjusted the Federal Reserve's interest rate cut forecast, including:
Goldman Sachs: Increase the expectation that the Federal Reserve will cut interest rates by 25 basis points this year to three times, and do not rule out a 50 basis point cut in September.
Citi: The Federal Reserve will cut interest rates by 50/50/25 basis points in September, November and December, compared with previous expectations of 25 basis points.
3. Bank of America: The Federal Reserve is expected to start cutting interest rates by 25 basis points in September, compared with previous expectations for December.
4. JPMorgan Chase: The Federal Reserve is expected to cut interest rates by 50 basis points each in September and November, and by 25 basis points at each meeting thereafter.
Due to the cold non-farm data, a number of Wall Street investment banks adjusted the Federal Reserve's interest rate cut forecast
2024-08-02 16:34:03
Due to non-compliance agricultural data sudden cold multiple Wall Street investment banks adjustment Federal Reserve interest rate cutsdesk3cryptocurrencydesktopCrypto News
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