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Vanguard Leading the Way, Fed Rate Cut Expected to Be Lower Than Wall Street's Expectations
Summary: According to sources, global asset management company Vanguard Leading the Way stated that due to the surge in capital expenditure in the field of artificial intelligence driving continued economic growth, the Fed's rate cut is expected to be much lower than the current widespread expectations on Wall Street. Head of Fixed Income Business Sara Devereux ...
According to sources, global asset management company Vanguard Leading the Way stated that due to the surge in capital expenditure in the field of artificial intelligence driving continued economic growth, the Fed's rate cut is expected to be much lower than the current widespread expectations on Wall Street. Head of Fixed Income Business Sara Devereux predicts that the Fed may cut rates again one to two times next year, a forecast sharply contrasting with the market's general bet of three to four rate cuts by the end of 2026.
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Link: Vanguard Leading the Way, Fed Rate Cut Expected to Be Lower Than Wall Street's Expectations [Copy]