Wells Fargo now sees the Fed cutting rates in September, previously they were looking for a cut in June.
This joins plenty of other participants shifting their views after yesterday’s CPI beat:
- BNP Paribas joins other banks to amend Fed cuts to two this year
- UBS expects the Fed to start cutting in September
This article was written by Arno V Venter at www.forexlive.com.
Source link
