Survey: The Federal Reserve will only cut interest rates by 25BP in September
The latest survey by Bloomberg on economists shows that nearly three-quarters of respondents expect the Federal Reserve to only cut interest rates by 25 basis points in September. The median estimate also indicates that there is only a 10% chance of an emergency rate cut before the September meeting.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Sony Bank to Issue US Dollar-Pegged Stablecoin in the United States
USDC Treasury burns 60 million USDC on the Ethereum network
Data: Bitcoin faces resistance and pulls back at 92,000 USDT, with market trading volume at its lowest since July.