CoinVoice Latest News, according to Jin10 report, investment banks have significantly diverging expectations regarding interest rate cuts at the upcoming Jackson Hole meeting. State Street Global Advisors expects Powell may pave the way for a rate cut in September, while ANZ believes he may hint at restoring interest rate normalization. UBS thinks Powell may lean towards a rate cut in September, while Russell Investments points out that the cut could be 25 pontos de base. Dutch International mentions that concerns from Federal Reserve officials about the labor market may lead to a more dovish stance. Bank of America is skeptical about the rate cut, believing that Powell will have the opportunity to express his views at the meeting.
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CoinVoice Latest News, according to Jin10 report, investment banks have significantly diverging expectations regarding interest rate cuts at the upcoming Jackson Hole meeting. State Street Global Advisors expects Powell may pave the way for a rate cut in September, while ANZ believes he may hint at restoring interest rate normalization. UBS thinks Powell may lean towards a rate cut in September, while Russell Investments points out that the cut could be 25 pontos de base. Dutch International mentions that concerns from Federal Reserve officials about the labor market may lead to a more dovish stance. Bank of America is skeptical about the rate cut, believing that Powell will have the opportunity to express his views at the meeting.