Market pricing in too many Fed rate cuts, El-Erian warns
==========
Mohamed El-Erian warns that traders are overestimating the number of US Federal Reserve rate cuts expected by year end; he suggests a more realistic easing of 75 basis points instead of the market's expectation of up to 100 basis points; Fed minutes indicated a case for cuts discussed in July; employment growth data supports the likelihood of cuts; traders are looking for insights during the Fed's annual symposium in Jackson Hole, Wyoming, where Fed chair Jerome Powell will speak on the economic outlook.
#FederalReserve #InterestRates #MohamedElerian #MarketExpectations #EconomicOutlook #JacksonHole #Treasuries #EmploymentData #RateCuts #FinancialMarkets
https://theedgemalaysia.com/node/724024
The Edge Malaysia /
npub15q…t0mcv
2024-08-23 09:02:45
Author Public Key
npub15q3n6g46fstp0h7wemjzwkh9jy6akndzdzk2sz8q0hwgvz6sfe3srt0mcvPublished at
2024-08-23 09:02:45Event JSON
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"content": "Market pricing in too many Fed rate cuts, El-Erian warns\n==========\n\nMohamed El-Erian warns that traders are overestimating the number of US Federal Reserve rate cuts expected by year end; he suggests a more realistic easing of 75 basis points instead of the market's expectation of up to 100 basis points; Fed minutes indicated a case for cuts discussed in July; employment growth data supports the likelihood of cuts; traders are looking for insights during the Fed's annual symposium in Jackson Hole, Wyoming, where Fed chair Jerome Powell will speak on the economic outlook.\n\n#FederalReserve #InterestRates #MohamedElerian #MarketExpectations #EconomicOutlook #JacksonHole #Treasuries #EmploymentData #RateCuts #FinancialMarkets\n\nhttps://theedgemalaysia.com/node/724024",
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