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Investing.com -- The Federal Reserve is widely expected to deliver its first rate cut next month and followed it up by cutting again in December to ensure the economy remains on track for a soft landing just as fears of a recession resurface.
"Fed rate cuts will start in September, and continue in December," Macquarie said in a Thursday note.
Expectations for a September rate cut were given another boost on Wednesday after Powell signaled that a rate cut was on the table for September should i...
>>> Read more: Fed to cut in September, December, Macquarie says, amid fresh recession jitters
"Fed rate cuts will start in September, and continue in December," Macquarie said in a Thursday note.
Expectations for a September rate cut were given another boost on Wednesday after Powell signaled that a rate cut was on the table for September should i...
>>> Read more: Fed to cut in September, December, Macquarie says, amid fresh recession jitters