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Survey: The Federal Reserve will only cut interest rates by 25BP in September

Survey: The Federal Reserve will only cut interest rates by 25BP in September

Bitget2024/08/12 00:16

The latest survey by Bloomberg on economists shows that nearly three-quarters of respondents expect the Federal Reserve to only cut interest rates by 25 basis points in September. The median estimate also indicates that there is only a 10% chance of an emergency rate cut before the September meeting.

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