Lates News

Institution: The market may have incorrectly priced the start time of the Fed rate cut American interest rate strategist Ira Jersey stated that the Fed will wait until the labor market is struggling and concerns about inflation related to tariffs have passed before cutting rates. But once it does, it will be aggressive. The market may have incorrectly priced the timing of the rate cut, but the magnitude of the rate cut pricing may be correct. We believe the Fed may cut rates to 3%, but it will not start until the end of this year and will cut rates quickly.