Global X Investment Strategy Head: 50 Basis Point Fed Rate Cut May Be Too Aggressive

Article is form Jinse
September 18, 2024
This article is translated by ChatGPT Show original
Back Icon Image

According to Golden Finance, Scott Helfstein, Global X's Director of Investment Strategy, believes the Fed wants to initiate a rate-cutting cycle without sparking an asset bubble. However, a 50-basis point cut may be too aggressive. We have already seen the Fed cut rates by 50 basis points, which could be interpreted as a sign of the Fed's concerns about a weakening economy. However, strong fundamentals in the coming weeks could calm the market and potentially prevent further capital flight.

Back Icon Image
Source
1. Disclaimer: The views expressed are solely those of the author and do not reflect the stance of Gen3. They are not intended as investment advice.
2. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as investment or other advice.