Jim Smigiel, Chief Investment Officer of SEI, said that the market's expectation of three interest rate cuts by the Federal Reserve this year seems too high. In a report, he stated, 'We don't expect to see this happening.' He mentioned that a 25 basis point rate cut in September seems possible, while further cuts in December are still on the table.
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Análise de mercado: é pouco provável que o Fed reduza as taxas de juros três vezes este ano
Jim Smigiel, Chief Investment Officer of SEI, said that the market's expectation of three interest rate cuts by the Federal Reserve this year seems too high. In a report, he stated, 'We don't expect to see this happening.' He mentioned that a 25 basis point rate cut in September seems possible, while further cuts in December are still on the table.