Wells Fargo Predicts a Fed Rate Cut This Month

IconCryptoNewsTerminal Staff22 Jul, 2024

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Wells Fargo Predicts a Fed Rate Cut This Month

According to a Wells Fargo report, the Federal Reserve is expected to cut interest rates this month. The report predicts that "the Fed will not change policy this month and will push for a rate cut. We also do not hesitate to cut interest rates at the meeting before the election."