‘New Bond King’ Gonzalez: Fed's 50 bps rate cut in November more likely after US election
The ‘new bond king’ Gonzalez said the long-term bond market does not want the Fed to take aggressive easing policy; the Fed is not as behind the curve as before; after the U.S. election, the Fed in November to cut interest rates by 50 basis points is more likely to be; the current data to support Powell's remarks, that is, the economy does not show significant pressure.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Novo Nordisk (NVO.US) considers entering the hair loss market, seeking new growth points with its "post-Wegovy" strategy
Novo Nordisk is targeting the hair loss market, seeking to diversify its drug portfolio.
The growth of the traditional network equipment industry may have peaked! Piper Sandler lowers Cisco (CSCO.US) target price to 125 USD.
Piper Sandler analyst James Fish maintains a "Neutral" rating on Cisco, while lowering the target price from $132 to $125.
Runway Growth Finance director Edward J. Goldthorpe acquires USD 67,253.48 in common shares
Crypto prices
More
