Analyst Joseph Richter: Market expectations of rate cut speed may be too high
Analyst Joseph Richter said the market continues to price in a rate cut that may not materialise. The market is now more confident that rates will be cut at every meeting this year and most of next year, but he thinks the Fed will stay on hold at some meetings unless the economy deteriorates rapidly.
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
Data: A certain whale opened a 20x Bitcoin long position worth approximately $19.22 million
Yala: We have noticed the community's concerns regarding the stablecoin YU and are actively investigating.
Crypto market sentiment plunges to "freezing point," Fear & Greed Index currently at 10
Trending news
MoreCrypto prices
More
