The Federal Reserve has telegraphed the kickoff of their interest rate cutting campaign to begin next week. However, equity markets are wrestling with the manner in which they will begin. I believe a quarter-point interest rate cut is their first step but, a half-point interest rate cut has recently been floated strongly. I believe markets sell-off regardless due to either disappointment with just quarter pont or panic reaction with the severity of half-point.
All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY .
Click here for the full disclaimer.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »
Source: CNBC - 🏆 12. / 72 Read more »