Traders speculate 25-50 basis point Fed interest rate cut in November due to global economic slowdown and US-China trade conflict.
Traders are increasingly speculating on a Federal Reserve interest rate cut in November, with expectations varying between a 25 and 50 basis point reduction. This sentiment is driven by concerns over global economic slowdown and the US-China trade conflict. While the Fed recently lowered its target rate range to between 4.75% and 5.5%, officials suggest markets interpret this as a neutral policy adjustment rather than a sign of economic distress.
September 25, 2024
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