Former Fed Gov. Clarida: Sees one Fed rate cut in December

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Post author By admin_biglotfx
July 1, 2024
No Comments on Former Fed Gov. Clarida: Sees one Fed rate cut in December | Forexlive

Former Fed Gov. and PIMCO global economic advisor Richard Clarida is on CNBC says:

Feds stance is dovish despite perceived hawkishness
Earliest practical time for rate cut is September.
PIMCO’s base case is for one cut this year in December
Characterizes the May inflation data as welcome news for the Fed
Says that Fed officials need a string of good inflation news to cut rates

This article was written by Greg Michalowski at www.forexlive.com.

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