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Economist: Federal Reserve may cut interest rates by 25 basis points in September, October, and December
Summary: In a recent interview, Kathy Bostjancic, Chief Economist at Nationwide Financial, stated that a significant amount of data in the next two months will impact Federal Reserve decisions. If current trends continue, the Federal Reserve should be able to implement accommodative policies in September. Bostjancic believes the Federal Reserve will cut interest rates by 25 ...
In a recent interview, Kathy Bostjancic, Chief Economist at Nationwide Financial, stated that a significant amount of data in the next two months will impact Federal Reserve decisions. If current trends continue, the Federal Reserve should be able to implement accommodative policies in September. Bostjancic believes the Federal Reserve will cut interest rates by 25 basis points in September, October, and December. However, Powell may balance various factors by not making excessive commitments: supporting a rate cut in September and emphasizing that it does not signal further easing, pausing action if inflation worsens.
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Link: Economist: Federal Reserve may cut interest rates by 25 basis points in September, October, and December [Copy]
