Forex
globalreutersJune 4, 20241 Mins read
Deutsche Bank analyst sees one 2024 Federal Reserve rate cut, “all the way in December”
globalreutersJune 4, 20241 Mins read Deutsche Bank’s chief global strategist Chadha spoke in a media interview (CNBC) on the Federal Reserve and US equities:
- said the firm is “constructive” on equities
- does not think a rate cut is needed for equities to continue to rise
- sees one rate cut from the Federal Open Market Committee (FOMC) this year, “but all the way in December”
Too early for a Santa rally?
This article was written by Eamonn Sheridan at www.forexlive.com.
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