HSBC: It is almost certain that the Federal Reserve will cut interest rates by 25 basis points at each of its last two meetings this year

Oct 11, 2024 11:38
Odaily Planet Daily News: Max Kettner, Chief Multi Asset Strategist of HSBC, said on Thursday that there may be a 25 basis point rate cut at each of the last two meetings of this year, which is "almost a certainty". However, after the release of the CPI, Atlanta Fed President Bostic expressed "complete confidence" in keeping interest rates unchanged next month, and he already expects only one more rate cut this year. (Golden Ten)
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