CIO Perspectives
CIO Perspectives: Everyone Has A View On Rate Cuts
After the June Federal Open Market Committee meeting, the Fed lowered its expectations for rate cuts to just one for the remainder of the year. However, markets reacted differently and priced in two rate cuts. We stayed our view that there's likely to be three rate cuts by the end of the year. Our APAC Investment Strategist explains the reasoning behind our views and why everyone has a different view on rate cuts.