Golden Ten Digest: Non-farm Payrolls Shockingly Cold! Wall Street Investment Banks Rush to Revise Interest Rate Cut Script

  1. Goldman Sachs: Increase the expectation of 25 basis points rate cuts by the Fed this year to three times, and do not rule out a 50 basis points rate cut in September. 2. Citigroup: The Fed is expected to cut rates by 50/50/25 basis points in September, November, and December respectively, previously expected to be 25 basis points. 3. Bank of America: It is expected that the Fed will start cutting rates by 25 basis points in September, while the previous expectation was in December. 4. JPMorgan Chase: The Fed is expected to cut rates by 50 basis points in September and November, and then by 25 basis points at each subsequent meeting.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
GateUser-51df8f59vip
· 2024-08-02 15:54
All in All in 🙌
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)