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Deutsche Bank analyst sees one 2024 Federal Reserve rate cut, "all the way in December"

Started by forex4you, Jun 05, 2024, 06:23 am

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Jun 05, 2024, 06:23 am
Deutsche Bank analyst sees one 2024 Federal Reserve rate cut, "all the way in December"

Deutsche Bank's chief global strategist Chadha spoke in a media interview (CNBC) on the Federal Reserve and US equities:

  • said the firm is "constructive" on equities
  • does not think a rate cut is needed for equities to continue to rise
  • sees one rate cut from the Federal Open Market Committee (FOMC) this year, "but all the way in December"

Too early for a Santa rally?



                This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Deutsche Bank analyst sees one 2024 Federal Reserve rate cut, "all the way in December"

forexlive.com
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