News list for " Reserve Capital"
The dollar fell as the market saw a higher probability of the Federal Reserve cutting interest rates by 50 basis points this week rather than 25 basis points. LSEG Refinitiv data shows that the market now sees a probability of the Federal Reserve cutting interest rates by 50 basis points close to 70%. Ipek Ozkardeskaya, analyst at Swissquote Bank, said in the report: "I remain convinced that a 25 basis point cut would be the best option as the current economic data is not worrisome. However, the...
Even if the Federal Reserve cuts interest rates by 25 basis points this week, the dollar will struggle to achieve a sustained recovery, according to MUFJ. Lee Hardman, an analyst at MUFG, said in a note that even if the Fed cuts interest rates by 25 basis points, it is likely to cut rates further at future meetings, especially if the labor market continues to weaken. That means "people may still think it is only a matter of time before the Fed needs to accelerate the pace of rate cuts," he said....
JPMorgan Chase: Still expects the Federal Reserve to cut interest rates by 50 basis points this month.
JPMorgan reiterated its forecast that the Federal Reserve will cut interest rates by 50 basis points this month.
