The cutting cycle looks more and more likely by the day and we find that the Fed needs to cut by 200 bps to stabilize the deposit base of banks. Here is why!
We are still in the rates rising cycle and high inflation is still the main issue for Fed. But if some significant event (shocking enough to bring the market down by 30% or more) happens, the Fed may be forced to change course.
Will the Fed cut by 2% before year-end?
We are still in the rates rising cycle and high inflation is still the main issue for Fed. But if some significant event (shocking enough to bring the market down by 30% or more) happens, the Fed may be forced to change course.
Welcome to the Weimar Republic 2.0...