Odaily Planet Daily News According to the Citigroup economist team led by Andrew Hollenhorst, a loose labor market will alleviate inflationary pressures in the service sector, while weak global conditions will restrain commodity prices. This will lead to the Fed taking aggressive action, with expectations of a 25 basis point cut at every meeting before July next year, bringing the federal funds interest rate down to between 3% and 3.25%. This is well below market expectations, which are expected to reach around 4% by then. (FXStreet)
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Citibank: Diperkirakan setiap rapat Federal Reserve sebelum Juli tahun depan akan memangkas suku bunga sebesar 25 poin dasar
Odaily Planet Daily News According to the Citigroup economist team led by Andrew Hollenhorst, a loose labor market will alleviate inflationary pressures in the service sector, while weak global conditions will restrain commodity prices. This will lead to the Fed taking aggressive action, with expectations of a 25 basis point cut at every meeting before July next year, bringing the federal funds interest rate down to between 3% and 3.25%. This is well below market expectations, which are expected to reach around 4% by then. (FXStreet)