The US Federal Reserve is expected to cut interest rates in the States by 25 basis points this Wednesday. The markets think we'll get four small cuts over the next 18 months.
The US Federal Reserve is expected to cut interest rates in the States by 25 basis points this Wednesday. The markets think we'll get four small cuts over the next 18 months. But we don't.
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Don’t get carried away by Fed fever
Financial markets continue to look for around four 25bp interest rate cuts between now and the end of 2020.
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