Institution: Powell to Open Door to September Rate Cut at Jackson Hole
BlockBeats News, August 20th, MainSky Asset Management Company stated that Federal Reserve Chairman Powell is expected to open the door to a rate cut in September at the upcoming Jackson Hole Symposium. MainSky Board Chairman Eckhard Schulte stated that unlike last year's meeting, when Powell prepared the market for a 50 basis point rate cut, this time the cut is expected to be only 25 basis points.
He pointed out: "Unlike last year, the current monetary policy is closer to the 'neutral rate,' so there is no need for a rapid, significant rate hike to achieve normalization." MainSky expects at least one more rate cut in the fourth quarter of this year. (FXStreet)
También te puede interesar
Ganadores
Últimas noticias sobre criptomonedas
Trump Says Fed Chair Should Cut Interest Rates, Reiterates Criticism of Powell
In the past 24 hours, the entire network liquidated $376 million, with the majority coming from the largest short position
The probability of a 25 basis point interest rate cut by the Federal Reserve in December is currently at 87.2%.
Trump: Will Announce New Fed Chair in Early Next Year
Coinbase International Site to Launch DASH Perpetual Contract Trading
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y MM:[email protected]
Programa VIP:[email protected]