Published 02:19 IST, September 17th 2024
Fed rate cuts will not be as deep as the market expects, says BlackRock
The U.S. central bank is expected to cut interest rates for the first time in over four years on Wednesday, with speculation over the size of the first rate cut creating volatility across financial markets in the run-up to the decision.
BlackRock view on Fed rate cuts | Image:
BlackRock
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02:19 IST, September 17th 2024