Standard Chartered: Fed expected to start cutting interest rates in September, a total decrease of 50 basis points in the second half of the year.

2024-07-17 13:51

Zhitongcaijing
Ding Shuang expressed that it is expected that the Federal Reserve will start cutting interest rates in September and November this year, with a total decrease of 50 basis points. It is also expected that the Federal Reserve will cut interest rates by a total of 100 basis points next year.
StanChart's Chief Economist for Greater China and North Asia, Ding Shuang, said that it is expected that the Federal Reserve will begin cutting interest rates in September and November this year, with a total cut of 50 basis points. It is also anticipated that the Federal Reserve will cut interest rates by a total of 100 basis points next year.