BlackRock: Market Expectations for Fed Rate Cuts Before June Next Year Are Too High
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September 17, 2024
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ChainCatcher reports, according to Jin10, that the market expects the Federal Reserve to cut interest rates by 200 basis points before June next year.
BlackRock said: "We think this is a bit too much, and it could lead to more dramatic price changes as the market swings between vastly different potential outcomes."
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