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Federal Reserve rate cut seen in Q2 of 2024

Federal Reserve rate cut seen in Q2 of 2024
The most recent Bank of America global fund manager survey shows expectations are skewing towards Q2 of 2024 for the first Federal Open Market Committee (FOMC) rate cut:Some of the other survey results:60% expect weaker global growth68% say the economy will see a soft landing21% anticipate a hard landing48% of fund managers forecast the start of a global recession will take place by the end of Q1 2024, 25% think the downturn will hit in Q4 of this year45% see high inflation as the greatest marke... Read More
Posted: Jul 18 2023, 22:02
Author Name: forexlive
Views: 110741

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