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Rate Cut Bets Fuel Investor Optimism On Wall Street

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In a monumental hall inspired by the neo-classical style of the U.S. Federal Reserve, a New York Wall Street trader leans back dramatically to avoid the swing of a massive Fed pendulum above him, symbolizing the anticipation of an interest rate cut.

At this back-to-school period, major banks are revising their outlook. Faced with a clear slowdown in the American economy, the idea of two to three rate cuts this year is gradually taking hold. Investors, hanging on the Fed’s slightest signals, see in this change of course a potential turning point.

L’article Rate Cut Bets Fuel Investor Optimism On Wall Street est apparu en premier sur Cointribune.

22h ago
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