Cuts are certain, but Fed will remain 'quite cautious': Strategist

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Cuts are certain, but Fed will remain 'quite cautious': Strategist
Jonathan Day
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The Federal Reserve will conclude its two-day policy meeting on July 31 with a potential decision on interest rate cuts. While most on Wall Street believe...

The Federal Reserve will conclude its two-day policy meeting on July 31 with a potential decision on interest rate cuts. While most on Wall Street believe central bank policy will remain unchanged in July, many are betting on a first cut coming in September.

But investors, of course, are going to be listening for any his from Fed chair Jay Powell on the path of monetary policy going forward.He's new in investment management, is a global bond portfolio manager and and Jonathan, it's great to talk to you.

Whing Certainly the kind of the tech stocks, Um, and that's when especially given where inflation is now, um, where the Fed are kind of previous form.But we need more, I would say to get to get to the Fed, to get very, very optimistic in cutting rates. But looking ahead to 2025 what do you think is most realistic here in terms of the pace of those cuts and then just broadening it out even beyond the US and beyond the Fed?This signals more broadly to the central banks, as you have the Bank of England and bank of Japan here with their decisions coming up this week as well.

Brazilian surfer appears to walk on water, and other photos from Monday and Tuesday at the 2024 Paris OlympicsCitizens were heard banging on pots to protest the result of the Venezuelan elections in the city of Los Teques on the evening of Monday, July 29, footage shows.A video filmed by Instagram user @jeanfct shows a view of La Matica, a neighborhood in Los Teques, as evening falls. Metallic clanging, which the uploader said was the sound of people beating on pots and pans, can be heard.

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