Sunday, August 25, 2019

Fed: Expect 3 rate cuts by end-2019 - Barclays

The Barclays analysis Team has revised its expectations on the North American country Federal Reserve’s (Fed) rate of interest cut outlook, within the face of the looming Brexit risks.



Key Quotes:

Expecting deeper cuts from the FOMC as a result of the Brexit recession.

See three Fed rate cuts by the tip of this year vs. the previous forecast of two cuts.

The no-deal Brexit are a new drag on international growth.

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