Barclays expectsthe Federal Reserve to deliver its first rate cut of 25 basis points in June, with two others expected at every other meeting, citing soft producer price index (PPI) data and Powell’s “lack of pushback” on rate-cut expectations. The brokerage had previously forecast a single...
https://www.hellenicshippingnews.com/barclays-sees-fed-delivering-its-first-rate-cut-in-june/