JPMorgan and Citigroup Predict 50bps Rate Cut in September

Reported 2 months ago

Following a disappointing July jobs report, JPMorgan and Citigroup have projected the Federal Reserve will implement a 50 basis points rate cut in September. UBS's Jason Draho also anticipates a total of 100 basis points in cuts, beginning with the September adjustment. For further insights, check out the full episode of Market Domination.

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