JPMorgan Chase, Bank of America, Wells Fargo and Citi Predict Abrupt Fed Rate Cuts Amid Global Market Turbulence: Reports
12 Agosto 2024 - 12:48PM
The Daily Hodl
The four largest banks in the US now believe the Federal Reserve
is about to cut interest rates amid rising recession fears. A Bank
of America economist says a September Fed rate cut is a “virtual
lock” following last week’s $6.4 trillion global stock market rout,
reports Business Times. “The rate tide has quickly turned.”
[…]
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JPMorgan Chase, Bank of America, Wells Fargo and Citi Predict
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Wells Fargo and Citi Predict Abrupt Fed Rate Cuts Amid Global
Market Turbulence: Reports
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JPMorgan Chase, Bank of America, Wells Fargo and
Citi Predict Abrupt Fed Rate Cuts Amid Global Market Turbulence:
Reports appeared first on
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