Stan Chart has doubled its forecast for the Federal Reserve’s September meeting, now predicting a 50-basis-point rate cut instead of the 25 bps reduction it previously expected. The shift comes after weak August jobs data showed payrolls slowing sharply and unemployment climbing to 4.3%, the highest since late 2020.
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Morgan Stanley projects four straight Fed cuts through January, plus two more in 2026Deutsche Bank tips Fed to cut rates at September, October and December meetings this year This article was written by Eamonn Sheridan at investinglive.com.Hence then, the article about standard chartered sees fed slashing rates by 50 bps in september on weak jobs report was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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