Institution: The Fed's interest rate cut is good news for U.S. debt holders
3hours ago
According to Odaily Planet Daily, Harley Bradley, co-head of global interest rates at Insight Investment, stated in a report that a rate-cutting environment could be good news for those invested in US bonds through a globally diversified fixed-income portfolio. While tariffs could still lead to higher inflation, the Federal Reserve will cut interest rates on Wednesday. Given relatively stubborn inflation in the US, the market will closely monitor the Fed's updated "dot plot" forecast for future rate cuts beyond September. In our view, while inflation could complicate the outcome, we believe the Fed will be prepared to "overlook" above-target inflation to protect the labor market. (Jinshi)
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