External broker reports(aggregated public sources), Nordea

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External broker reports(aggregated public sources)

Macroeconomics

<ul><li>The FOMC today cut rates by 50bps to a 4.75%-5.0% range.</li><li>In the dot plot, members are almost evenly split between a further 25 or 50bps of cuts this year, probably an indication that many members came into the meeting not thinking about cutting rates 50bps today.</li><li>Markets pricing in close to 50bps and the Fed not wanting to start the cutting cycle by disappointing probably moved the needle today.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The FOMC today cut rates by 50bps to a 4.75%-5.0% range.In the dot plot, members are almost evenly split between a further 25 or 50bps of cuts this year, probably an indication that many members came into the meeting not thinking about cutting rates 50bps today.Markets pricing in close to 50bps and the Fed not wanting to start the cutting cycle by disappointing probably moved the needle today.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

FOMC Review: Don't get used to 50s