Calls for Lower Rates Will Be Heard and Answered by Fed, Crossmark's Fernandez Says

Calls for Lower Rates Will Be Heard and Answered by Fed, Crossmark's Fernandez Says

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Business

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The transcript discusses expectations for further monetary easing by the Federal Reserve, predicting a 25 basis point rate cut at the upcoming meeting. It highlights reasons for rate cuts, such as trade issues, low inflation, and slowing global growth. The Fed aims to avoid disappointing markets and increasing volatility. There is no consensus among Fed presidents, with differing opinions on the extent of rate cuts needed.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker believe the Fed wants to manage market expectations?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected rate cut at the September meeting according to the speaker?

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