Odaily Planet News, Charu Chanana, Global Market Strategist and Head of Forex Strategy at Saxo Markets, said that overall, the information conveyed by global data is very clear, indicating that we are entering an economic slowdown period. Chanana said, ‘My inclination is for a 25 basis point rate cut, as I’ve said, there is no reason to panic. If the Fed were to cut rates by 50 basis points immediately, 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 combined with very dovish rhetoric will compensate for the impact of not cutting rates by 50 basis points now.’ (Jinshi)
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Saxo Markets:Nếu Fed giảm lãi suất ngay lập tức 50điểm cơ bản có thể gây ra một số hoang mang
Odaily Planet News, Charu Chanana, Global Market Strategist and Head of Forex Strategy at Saxo Markets, said that overall, the information conveyed by global data is very clear, indicating that we are entering an economic slowdown period. Chanana said, ‘My inclination is for a 25 basis point rate cut, as I’ve said, there is no reason to panic. If the Fed were to cut rates by 50 basis points immediately, 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 combined with very dovish rhetoric will compensate for the impact of not cutting rates by 50 basis points now.’ (Jinshi)