Friday The 13th: The Cutting Cycle By Philip Marey, Senior US strategist at Rabobank Friday The 13th: The Cutting Cycle Market speculation about a 50 bps rate cut by the Fed next week returned overnight after the Financial Times and the Wall Street Journal called the Fed’s rate choice between 25 and 50 bps a close call and former FOMC member Bill Dudley said there was a strong case for 50. The rate slashers are back from hibernation. Inflation has kept them away for a few years, but now that central banks have their inflation targets in sight they are… — Continue at ZeroHedge News : Read More
