Will the Fed cut interest rates by 0.5% right away? More from our Global CIO Private Bank, Michael Strobaek
The US Federal Reserve is facing a significant change of direction: on Wednesday 18 September, it is expected to cut interest rates for the first time, which it had previously raised from 0 to 5.5 percent in 2022 and 2023. Many experts were sure at the time that this massive…
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