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Hussainy, interest rate strategist at Columbia Thread Investments, said: "The market is betting that recession risks and tighter financial conditions will force the Fed to cut rates sharply this year, possibly by about 100 basis points." As for Powell tonight...

Hussainy, interest rate strategist at Columbia Thread Investments, said: "The market is betting that recession risks and tighter financial conditions will force the Fed to cut rates sharply this year, possibly by about 100 basis points." As for Mr. Powell's remarks later in the day, Mr. Hussainy said: "If there is any rebuttal signal from Powell and his team, short-end rates could go off course."

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2025-04-04 12:48:34
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