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Emergency Fed Cut Unlikely, Says UBP's Kinsella
Posted
August 5, 2024
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August 5, 2024
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7:42Now PlayingAn emergency rate cut from the Federal Reserve before the next FOMC meeting is unlikely, says UBP's Global Head of FX Strategy Peter Kinsella. He says it would send panic signals through the markets and that the Fed just signaling they will start aggressively cutting rates should be enough. He speaks on "Bloomberg Brief."
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