Investment Managers React to Lower-Than-Expected US Inflation Figures, Predict Potential Interest Rate Cut
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#df25ce9f ver:0.46

Investment managers predict a potential interest rate cut in September as US inflation falls to 3%, lower than expected. Traders are pricing in a quarter-point cut by the US Federal Reserve, with a 69% chance according to CME's FedWatch tool. Investment managers from BRI Wealth, Janus, Validus Risk Management, ClearBridge, Close Brothers, Quintet Private Bank, and Goldman Sachs Asset Management all anticipate a rate cut in September. The Fed's decision is politically sensitive, as it comes just two months ahead of the US presidential election. #InterestRates #Inflation #USFederalReserve #RateCut...

#newstr #UsInflation #InterestRateCut #InvestmentManagers #EconomicData #FederalReserve 

 https://here.news/story/df25ce9f?ver=0.46