News list for " Division Simma"

Sima Shah, chief global strategist at Principal Asset Management, said in a note that while one might expect the Fed to cut rates by 50 basis points this week, history suggests a 25 basis point cut is more likely. "Since the late 1980s... a 25 basis point cut has become the norm, with 50 basis points being the exception." Only two rate cut cycles have started by more than 25 basis points, she said: during the dotcom bubble in January 2001, and during the subprime crisis in September 2007. Both p...

2024-09-17 10:16:27