Wall Street giants now expect 3 rate cuts from the Fed between September and November

Wall Street’s biggest players have flipped their rate cut bets after another weak jobs report hammered expectations. Morgan Stanley, Bank of America, and Oxford Economics now all expect the Fed to cut rates three times between September and November. According to Kalshi, the probability of a 25 basis point cut at the September 17 meeting […] source: https://www.cryptopolitan.com/wall-street-3-rate-cuts-fed-sep-nov/