Opinion: The Interest Rate Should Gradually Approach 3%, and the Magnitude of This Month's Rate Cut Is Not Key
BlockBeats News, September 15th - Investment management company Payden & Rygel stated that whether the Federal Reserve cuts interest rates by 25 basis points or 50 basis points this week is only a "minor divergence," and the key lies in the current fragile balance of the labor market — a situation drastically different from that of 2024. To prevent a breakdown of this balance, the Federal Reserve should proceed with interest rate cuts as soon as possible, as suggested in a recent speech by Governor Waller. Payden & Rygel's economic outlook for the next 12-15 months indicates that the federal funds rate should gradually approach 3%, while the current target range set by the Federal Reserve for the federal funds rate is 4.25%-4.50%. (FXStreet)
You may also like

IOSG: Making Probability an Asset, Forecasting Market Intelligence Agent

The US’s Back-Channel Helper in Attacking Iran, How Evil is Palantir

Key Market Intelligence on March 3rd, how much did you miss?

Interpreting the Anthropic vs. War Department Conflict: What Does Trump Intend to Do?

Nasdaq Moves In, Predicts Market Has Reached Mainstream Inflection Point

After a 48-hour ban, Claude reached the top of the App Store

If this is the beginning of the triple halving, what are top investors saying about what to expect?

After Iran's Political Risk Rises, Cryptocurrency Sees Massive Outflow

Pantera Capital Partner: The Financial Trajectory of AI Agents

In the next 5 years, Vitalik will scale Ethereum like this

Sam Altman and the End of the World Capitalism

Wall Street Rings Inflation Alarm Bells Amid Iran Tensions, What Does It Mean for Cryptocurrency?

Qwen Open Source Model Enters Mobile, Nasdaq Tests Water Prediction Market, What's the Overseas Crypto Community Talking About Today?

MegaETH Co-founder: 48 Hours After Escaping Dubai, I Reassess the Entire Crypto Scene

Morning Report | Strategy increased its holdings by 3,015 bitcoins last week; BitMine increased its holdings by 50,928 ETH last week; Vitalik elaborated on the Ethereum execution layer roadmap

Why is it said that there are structural opportunities in encrypted AI?

Make Probability an Asset: A Forward-Looking Perspective on Predictive Market Agents
