Golden Finance reported that some institutions on Wall Street have predictions for the decision of the Federal Open Market Committee on Wednesday regarding Tasa de interés, as well as the forecasts for the remaining two meetings this year. Among the major banks, only JPMorgan Chase expects the Fed to cut interest rates by 50 basis points today. Most institutions believe there will be a total cut of 75 basis points before the end of the year. Citigroup predicts that there will be two 50 basis points cuts after the September meeting.
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Wall Street forecasts: Most institutions expect the Federal Reserve to cut interest rates by 25 basis points on Wednesday.
Golden Finance reported that some institutions on Wall Street have predictions for the decision of the Federal Open Market Committee on Wednesday regarding Tasa de interés, as well as the forecasts for the remaining two meetings this year. Among the major banks, only JPMorgan Chase expects the Fed to cut interest rates by 50 basis points today. Most institutions believe there will be a total cut of 75 basis points before the end of the year. Citigroup predicts that there will be two 50 basis points cuts after the September meeting.