Reported 22 days ago
In anticipation of the upcoming Federal Reserve meeting, discussions revolve around whether the Fed will implement a rate cut of 25 or 50 basis points. While some analysts predict a modest reduction, citing economic stability, former New York Fed President Bill Dudley advocates for a more significant 50 basis point cut, arguing that current economic conditions warrant a shift towards neutral monetary policy. The expectation is that these decisions will reflect in future economic projections and align with market forecasts.
Source: YAHOO