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U.S. economists: the Fed will not cut rates sharply; expected to cut rates by 25 basis points in September

Sep 6, 2024

High Frequency Economics (High Frequency Economics) chief economist Carl Weinberg (Carl Weinberg) said the Fed is unlikely to cut interest rates significantly.Weinberg did not see anything in the data that would cause the Fed to panic and cut interest rates by 50 basis points, and expects that the Fed will only cut rates by 25 basis points this month.