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The non-agricultural explosion! Wall Street investment banks quickly changed the script of interest rate cuts

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2024-08-02 15:51:28
< br > < span class = "section-news" > 1. 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. < br > < span class = "section-news" > 2. Citi: The Federal Reserve will cut interest rates by 50/50/25 basis points in September, November and December, respectively, and previously expected to be 25 basis points. < br > < span class = "section-news" > 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. < br > < span class = "section-news" > 4. JP Morgan 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.
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