Nomura Securities: Markets Divided on Fed's 50 Basis Point Rate Cut in September
Bitget2024/09/05 12:10
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Jonathan Cohn, head of strategy for the U.S. rates unit at Nomura Securities International, said: “The market is divided on whether the first rate cut in September will be 25 basis points or 50 basis points. It depends almost entirely on the outcome of the jobs report. If certain thresholds are met in terms of unemployment and layoffs, then 50 basis points is definitely something to consider.”
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