Pantheon Macroeconomics still sees 50 basis point Fed cuts in Nov. and Dec.
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 12 2024
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Source: SeekingAlpha
FOMC Rate Cut Expectations: Pantheon Macroeconomics predicts the Federal Open Market Committee will cut rates by 50 basis points in both November and December, despite a slight rise in core CPI data for August.
Market Reactions and Investment Strategies: U.S. market participants are leaning towards a quarter-point interest rate cut at the upcoming meeting, prompting investors to consider exchange-traded funds that track benchmark averages and Treasury funds.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
