Express
Federal Reserve Expected to Cut Rates by 25 Basis Points in Absence of Data
Summary: According to sources, the Federal Reserve is expected to lower key interest rates by 25 basis points in the absence of government shutdown and unattainable official data. Mabrouk Chetouane, Global Market Strategy Director at Natixis IM Solutions, stated in a report that Fed Chair Powell must navigate the impact of monetary policy on the economic ...
According to sources, the Federal Reserve is expected to lower key interest rates by 25 basis points in the absence of government shutdown and unattainable official data. Mabrouk Chetouane, Global Market Strategy Director at Natixis IM Solutions, stated in a report that Fed Chair Powell must navigate the impact of monetary policy on the economic cycle amidst multiple shocks, but only part of his 'navigation instruments' are still functioning.
Tags:
Link: Federal Reserve Expected to Cut Rates by 25 Basis Points in Absence of Data [Copy]