TS Lombard: As long as the data does not suddenly deteriorate, the Fed will stick to the pace of cutting interest rates by 25 basis points at each meeting
2024-09-03 12:18
Odaily News Macro research firm TS Lombard said that implementing loose policies too quickly increases the risk that the current low inflation rate will be fleeting, especially when liquidity continues to be excessive. The company's guess is that unless the data suddenly deteriorates, the Fed will stick to the pace of cutting interest rates by 25 basis points per meeting. In other words, the market is already one or two steps faster than the Fed. (Jinshi)
