JPMorgan still expects a 50bp Federal Reserve interest rate cut next week ...Middle East

I posted earlier on Citi dropping its call for a 50bp rate cut next week to 25 bp. Analysts there do expect 50bp in November and December though:Citi are forecasting two 50bp interest rate cuts from the US Federal ReserveJP Morgan are sticking to its forecast for a 50bp rate cut next week though (announcement due September 18): CPI report may incline some FOMC members towards a 25bp cutwe still see a compelling case for a 50bp moveJPM cite:the shift in focus towards the weakening in the labor marketAt JPM Asset Management, though, the view is for a 25 bp ratecut next week:“Inflation has now cooled to room temperature, there is really not a significant inflation problem”the CPI result “does n

Read More Details
Finally We wish PressBee provided you with enough information of ( JPMorgan still expects a 50bp Federal Reserve interest rate cut next week )

Also on site :

• Evacuations ordered after brush fire breaks out in Laguna Beach
• Deal signed for $500m Chaka Housing Project in Addis Ababa
• General YouTube: Germany’s newest military chief is a warlord of his own Ukraine-cheering fantasyland