Barclays
Fed to cut rates by 25bps in Nov and Dec, approach neutral level sooner
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December.
The U.S. Federal Reserve will cut the federal funds rate by 25 basis points in both November and December.
Global stocks held steady and government bond yields retreated a touch on Wednesday after data showed U.S. consumer prices rose moderately in July.
A potential debt ceiling standoff in the United States next year could be one of the worst since the 2011 crisis.