TD Securities: Expects Fed Forward Guidance to Be Dovish
Article is form Jinse
September 18, 2024
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Golden Finance reported that analysts from TD Securities said in a recent report that the probability of the Federal Reserve cutting interest rates by 25 basis points versus 50 basis points will be very close. In our view, the dot plot will be the most important part of the Fed's guidance, as will Chair Powell's press conference. We expect the Fed's forward guidance to be broadly dovish.
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