Credit Agricole: Adjusting our Fed, call pushing first rate cut to September ...Middle East

Credit Agricole has revised its forecast for the Federal Reserve's rate cuts, now projecting the first cut to occur in September instead of July. This adjustment maintains the overall forecast of 50 basis points of cuts by the end of the year, with a skip in November and another cut in December.Key Points:Revised Timeline for Rate Cuts:The first rate cut is now expected in September, pushed back from the previous July forecast.The new schedule includes a pause in November, followed by another cut in December.Maintained Total Cuts for the Year:Despite the shift in timing, the total projected cuts by year-end remain at 50 basis points.This adjustment represents the first change in Credit Agric

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