Odaily Planet Daily News According to Charu Chanana, global market strategist and forex strategy director at Saxo Markets, overall, the information conveyed by global data is very clear, that is, the world is entering an economic slowdown. Chanana said: “My inclination is for a 25 basis point rate cut, as I said, there is no reason to panic. If the Fed cuts rates immediately by 50 basis points, it could cause some panic.” She added: “I think they will use very dovish language and leave room to cut rates by 50 basis points in November or December if necessary. A 25 basis point rate cut plus very dovish remarks will offset the impact of not cutting rates by 50 basis points now.” (Odaily)
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Saxo Markets: se a Reserva Federal dos EUA cortar imediatamente as taxas em 50ponto de base, pode causar algum pânico
Odaily Planet Daily News According to Charu Chanana, global market strategist and forex strategy director at Saxo Markets, overall, the information conveyed by global data is very clear, that is, the world is entering an economic slowdown. Chanana said: “My inclination is for a 25 basis point rate cut, as I said, there is no reason to panic. If the Fed cuts rates immediately by 50 basis points, it could cause some panic.” She added: “I think they will use very dovish language and leave room to cut rates by 50 basis points in November or December if necessary. A 25 basis point rate cut plus very dovish remarks will offset the impact of not cutting rates by 50 basis points now.” (Odaily)