[NEWS #Alert] The market believes the Fed will cut rates by September. Should it?! - #Loganspace AI
THE FEDERAL RESERVE is changing direction. In December it predicted it would raise the federal funds rate twice in 2019, to 2.75-3.0%. In March it thought it would hold rates steady instead. Investors now think there is a one-in-five chance that it will cut rates at its meeting on June 19th, and a better-than-evens chance…
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