Wall Street Divided on Fed Rate Cut Prospects for 2023
TL;DR Summary
Anthony Scaramucci suggests the Federal Reserve may cut interest rates by 50 basis points due to economic weakening and tariff impacts, while White House adviser Peter Navarro criticizes delayed job data as influencing rate decisions. Trump has urged rate cuts but refrained to avoid market instability, amid mixed economic signals and tariff negotiations.
Topics:business#anthony-scaramucci#federal-reserve#interest-rates#job-reports#politics#trump-tariffs
- Scaramucci: 50-basis-point cut from Fed possible next month The Hill
- Bank of America sees stagflation, not recession—and no rate cut this year. It's because of 2 specific Trump policies Fortune
- J.P.Morgan brings forward Fed rate cut forecast to September Reuters
- JPMorgan predicts Fed will cut rates in September — and four total times this year New York Post
- Not everyone on Wall Street is still convinced a cut is coming: Morning Brief Yahoo Finance
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