Hiring rebounded strongly in June in the US and could take pressure off the Fed to act immediately. Photo: Bloomberg
Are investors placing too much hope in the Fed? As US-China trade war lingers, analysts see fewer rate cuts than markets
- Financial markets expect the US Federal Reserve to cut interest rates by 75 basis points this year
- Analysts, economists see an ‘insurance’ cut, with more cuts only if the trade war intensifies
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US-China trade war
Hiring rebounded strongly in June in the US and could take pressure off the Fed to act immediately. Photo: Bloomberg