Hassett: Futures markets expect the Federal Reserve to cut rates by 25 basis points
Jinse Finance reported that Kevin Hassett, Director of the White House National Economic Council, stated that the futures market expects the Federal Reserve to cut interest rates by 25 basis points. A 25 basis point rate cut is a small step in the right direction, and he reiterated that the Federal Reserve still has significant room to cut rates and may need to do more.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Overview of Key Overnight Developments on December 12
US SEC allows DTCC to custody and recognize tokenized stocks and other RWA assets on the blockchain
The US SEC approves DTCC's plan to tokenize stocks, bonds, and treasuries
