Pulles: The Federal Reserve is expected to cut interest rates by 50 basis points this week
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Blerina Uruci, Chief US Economist at PwC, predicts that the Federal Reserve will cut interest rates by 50 basis points at the September meeting, despite facing high uncertainty. Chairman Powell has emphasized the importance of timing and magnitude of the first rate cut, and market expectations for future rate cuts are also changing. The Fed may cut rates by 125 to 150 basis points in the next 12 months, while the market expects a 250 basis point cut
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