Reported about 5 hours ago
The Federal Reserve recently cut interest rates by 25 basis points, with Chair Powell emphasizing that a December rate cut is not guaranteed. Analysts from JPMorgan and Schwab highlighted a discrepancy between market expectations of neutral interest rates and the Fed's view, suggesting that the Fed might be closer to concluding its current rate-cutting cycle than markets realize. They noted a cooling labor market and questioned the sustainability of recent economic growth, indicating that the neutral rate of interest could be higher than what markets anticipate.
Source: YAHOO