Analyst Joseph Richter: Market expectations of rate cut speed may be too high
Analyst Joseph Richter said the market continues to price in a rate cut that may not materialise. The market is now more confident that rates will be cut at every meeting this year and most of next year, but he thinks the Fed will stay on hold at some meetings unless the economy deteriorates rapidly.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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