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How Will U.S. Fed Rate Cut Impact Private Banks? Andrew Holland Breaks It Down
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With the U.S. elections approaching and the Federal Reserve gearing up for its first interest rate cut since 2020, the elections are expected to be a major catalyst. This week, policymakers are likely to debate whether to implement a 25 or 50 basis point cut.
Andrew Holland, CEO of Avendus Capital Alternate Strategies, said that if the Fed opts for a 50 basis point cut, the market will likely push.
However, he believes a 25 bps rate cut could instill fear in market.
#fedratecut #privatebank #usfed
Andrew Holland, CEO of Avendus Capital Alternate Strategies, said that if the Fed opts for a 50 basis point cut, the market will likely push.
However, he believes a 25 bps rate cut could instill fear in market.
#fedratecut #privatebank #usfed
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