News list for " stubborn"

Citadel Securities said a strong US economy and stubborn inflation would lead the Fed to cut rates only once more in 2024. "I would be bold enough to say that we will end up with only 25 basis points of rate cuts for the rest of the year," Michael de Pass, head of global rates trading at Citadel Securities, said in an interview. The market "is still hinting at a 50 basis point cut this year. When we look at it, both in terms of underlying economics...

2024-10-09 18:45:37