Macquarie: The Only Reason for a 50 Basis Point Fed Rate Cut is a Financial Crisis Before the FOMC Meeting
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September 17, 2024
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According to Odaily Planet Daily, Thierry Wizman and others, global foreign exchange and interest rate strategists at Macquarie, have stated that the only reason the Fed would cut rates by 50 basis points this week would be if there were a financial crisis in the days leading up to the FOMC meeting. (Jin Shi)
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