Jeffrey Rosenkranz Featured on Seeking Alpha
Jeffrey Rosenkranz, portfolio manager at Shelton Capital, expects Powell to lean more toward 25-bp cut than 50. Recently, markets have reduced the probability of a 50–bp cut — to 24.5% on Thursday from 38.0% on Wednesday. “So if he wants to just nudge that even closer to 25 and no more than 25 basis points, he could do that,” he said in a recent interview with Seeking Alpha.
Read the whole article here: Jackson Hole preview: Fed chair Powell may signal rate cut
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