Invesco: Expects the US to cut interest rates twice by a total of 0.5% before the end of the year. Money market funds will not automatically shift to riskier assets such as stocks
I'm PortAI, I can summarize articles.
Zhao Yaoting, market strategist for J.P. Morgan in the Asia-Pacific region, predicts that the Federal Reserve will cut interest rates twice by the end of 2024, each time by 25 basis points. His analysis points out that the Fed's focus has shifted to employment rather than inflation, and it may increase the size of rate cuts. Despite the upcoming rate cuts, the record cash in money market funds may not automatically flow into risk assets such as stocks, as investors still prefer short-term high-quality assets
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Zhitong The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments