Reported 22 days ago
In anticipation of the Federal Reserve's interest rate cuts set to begin September 18, strategist Michael Kantrowitz discusses the likelihood and implications of these cuts. He suggests that while there is a debate on whether to cut by 25 or 50 basis points, a 25 basis point reduction is more likely, despite his preference for a larger cut. Kantrowitz believes that the overall impact on the markets will be limited, although he sees the potential for a total of 100 basis points in cuts over time.
Source: YAHOO