SEI Chief Investment Officer: The Fed is unlikely to cut interest rates three times this year
SEI's Chief Investment Officer Jim Smigiel said that the expectation of three interest rate cuts by the Federal Reserve this year seems too high. He stated in a report, "We don't expect to see that happen." He said that a 25 basis point rate cut in September seems possible, while further cuts in December are "still on the table."
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
BGB holders' Christmas and New Year carnival: Buy 1 BGB and win up to 2026 BGB!
Bitget Trading Club Championship (Phase 20)—Up to 2400 BGB per user, plus a RHEA pool and Mystery Boxes
Subscribe to ETH Earn products for dual rewards exclusive for VIPs— enjoy up to 8% APR and share 30,000 USDT!
Bitget Spot Margin Announcement on Suspension of ICNT/USDT, PROMPT/USDT, CAMP/USDT, FARTCOIN/USDT, PEAQ/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
