Is FRB reluctant to cut interest rates by 0.5 points - will it strengthen by incorporating it in the market
2024/8/3 5:11 JST (some excerpts)
If interest rates were cut by 50 bps, it would seem like a panic - SMBC Nikko
JPMorgan and City are expected to cut interest rates by 0.5 points at the September meeting
Since the US employment statistics for July have become weak, there is growing concern that the US Federal Open Market Committee (FOMC) is already waiting too long for interest rate cuts, but it seems unlikely that drastic interest rate cuts that could send out an alarm signal will be implemented in September.
Employment growth slowed drastically in July, and the unemployment rate rose to a level for the first time in almost three years.
If interest rates were cut by 50 bps, it would seem like a panic - SMBC Nikko
JPMorgan and City are expected to cut interest rates by 0.5 points at the September meeting
Since the US employment statistics for July have become weak, there is growing concern that the US Federal Open Market Committee (FOMC) is already waiting too long for interest rate cuts, but it seems unlikely that drastic interest rate cuts that could send out an alarm signal will be implemented in September.
Employment growth slowed drastically in July, and the unemployment rate rose to a level for the first time in almost three years.
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