Gold ten data September 11 news, Ameriprise Financial Chief Economist Russell Price said that the drop in inflation data in August may be unexpected, opening the door for the Federal Reserve to start a large-scale reduction of 50 baz points. He expects the overall monthly CPI to be 0.1%, lower than the market's general forecast of 0.2%. He said, 'This will provide the Federal Reserve with greater room to reduce interest rates by 50 baz points instead of 25 baz points.' However, he said that if the Federal Reserve chooses a more moderate pace of interest rate cuts, it is still possible to avoid an economic recession. It doesn't matter if they reduce interest rates by 50 baz points.
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Kurumsal Öngörü ABD TÜFE: Ağustos enflasyonu, Fed'in faiz indirimine 50 baz puan kapı aralayabilir.
Gold ten data September 11 news, Ameriprise Financial Chief Economist Russell Price said that the drop in inflation data in August may be unexpected, opening the door for the Federal Reserve to start a large-scale reduction of 50 baz points. He expects the overall monthly CPI to be 0.1%, lower than the market's general forecast of 0.2%. He said, 'This will provide the Federal Reserve with greater room to reduce interest rates by 50 baz points instead of 25 baz points.' However, he said that if the Federal Reserve chooses a more moderate pace of interest rate cuts, it is still possible to avoid an economic recession. It doesn't matter if they reduce interest rates by 50 baz points.