Forex
globalreutersAugust 22, 20241 Mins read
Commonwealth Bank of Australia forecast a 25bp September Federal Reserve interest rate cut
globalreutersAugust 22, 20241 Mins read Reuters with the snippet from CBA:
- We favour a 25 bp cut because the U.S. economy is still in good shape
- 50 bp cuts are usually reserved for situations where the economic outlook is under threat
Powell speaks on Friday
This article was written by Eamonn Sheridan at www.forexlive.com.
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