Barclays Expecting 25bps Cut in December
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Barclays' Chief US Economist, Marc Giannoni, predicts a 25 basis points cut by the FOMC in December, with two additional cuts expected in 2025.
November 08, 2024 | 5:30 pm
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Barclays' Chief US Economist, Marc Giannoni, anticipates a 25bps rate cut by the FOMC in December, potentially impacting Barclays' financial strategies and market positioning.
A rate cut by the FOMC could influence Barclays' interest rate-sensitive operations, potentially benefiting from lower borrowing costs and improved market conditions.
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