Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
SEI Chief Investment Officer: The Fed is unlikely to cut interest rates three times this year

SEI Chief Investment Officer: The Fed is unlikely to cut interest rates three times this year

CointimeCointime2024/07/18 13:13
By:Cointime

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."

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Stablecoins Can Maintain Dollar Global Influence: Fed Governor

Waller warns stablecoins face "run risk" and inconsistent state regulations could limit adoption and scalability across the U.S. market.

Cryptotimes2025/02/13 18:11

BNB breaks above $710

Cointime2025/02/13 17:33