Odaily planet news, led by economist Andrew Hollenhorst, the Citi economist team said that the loose labor market will ease the inflationary pressure on the service industry, and the global weak situation will curb commodity prices. This will lead to the Fed taking aggressive action, with expectations of a 25 basis point cut at each meeting before July next year, bringing the federal funds rate to between 3% and 3.25%. This is far below market expectations, which expect the federal funds rate to reach around 4% by then. (Kinhte)
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Citigroup: Dự kiến FED sẽ giảm lãi suất 25 điểm cơ bản trong mỗi cuộc họp trước tháng 7 năm sau.
Odaily planet news, led by economist Andrew Hollenhorst, the Citi economist team said that the loose labor market will ease the inflationary pressure on the service industry, and the global weak situation will curb commodity prices. This will lead to the Fed taking aggressive action, with expectations of a 25 basis point cut at each meeting before July next year, bringing the federal funds rate to between 3% and 3.25%. This is far below market expectations, which expect the federal funds rate to reach around 4% by then. (Kinhte)