Goldman Sachs Strategist: Some Members Show Some Cautiousness in Considering 50 Basis Point Rate Cut, Fed Chair Dominates Situation
According to Golden Ten News, Goldman Sachs strategist Simon Dangoor said that last night's Fed minutes were interesting. Clearly, some members showed some caution in considering a 50 basis point rate cut, and this is clearly reflected in the dot plot. But it's clear that the Fed Chair is dominating the situation here.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Federal Reserve's interest rate cut meets expectations, with a weakening labor market as the main reason.
Powell: The peak inflation rate may be a few tenths of a percentage point higher or lower than the current level
Powell: The rise in long-term interest rates is due to expectations of higher growth
Trending news
MoreCrypto prices
More
