U.S. Fed makes a second consecutive rate cut ... will they cut rates again in December?
In this 119th episode of the On Investors' Minds - APAC Edition podcast, Kerry Craig recaps the outcome from the October U.S. FOMC meeting where Fed Chair Jerome Powell confirmed the largely expected 25 basis point cut in the benchmark interest rate. What comments did the Fed share regarding the current and potential future state of the U.S. economy? Are there further rate cuts expected through the end of 2025? How is the current U.S. government shutdown impacting the Fed's rate cut decision? Listen now to Tai to get up to date and find out what this all means for investors.
The J.P. Morgan…
The skinny
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