Fed Expected to Cut Rates by 25 Basis Points Next Week, According to Strategist

Reported 26 days ago

Michael Arone, a market strategist, believes the Federal Reserve is set to implement a 25 basis point interest rate cut at its upcoming meeting next week, and potentially again in December. He argues that current rates are overly restrictive in light of inflation levels, advocating for a gradual approach to rate cuts.

Source: YAHOO

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