23 agosto 2019
Barclays expects deeper cuts from the FOMC because of the Brexit recession
The Barclays research team reports it has revised its expectations on the U.S. Federal Reserve’s interest rate cut outlook, in the face of the looming Brexit risks.
- Expects deeper cuts from the FOMC because of the Brexit recession
- Sees 3 Fed rate cuts by the end of this year vs. the previous forecast of 2 cuts
- Says the no-deal Brexit will be an added drag on global growth