2024

Bank AI

when

BlackRock

18 of Wall Street's leading banks published reports sharing their predictions for the FED's 2024 interest rate policy. Banks predicted how many interest rate cuts the FED would make in 2024 and in which month the first interest rate cut would occur.
<ul>
 <li>Bank of America: First discount in June, total discount of 75 basis points</li>
 <li>Barclays: First interest rate cut in May, total interest rate cut 100 basis points</li>
 <li>BNpp: First interest rate cut in May, total interest rate cut 150 basis points</li>
 <li>Citigroup: First interest rate cut in June, total interest rate cut 125 basis points</li>
 <li>Deutsche Bank: First interest rate cut in June, total interest rate cut 100 basis points</li>
 <li>Evercore ISI: First interest rate cut in June, total rate cut 125 basis points</li>
 <li>Goldman Sachs: First interest rate cut in May, total interest rate cut 125 basis points</li>
 <li>HSBC: First discount in June, total discount of 75 basis points</li>
 <li>Jefferies: First interest rate cut in May, total interest rate cut 225 basis points</li>
 <li>JP Morgan: First interest rate cut in June, total interest rate cut 125 basis points</li>
 <li>LH Meyer: First interest rate cut in June, total rate cut 75 basis points</li>
 <li>Morgan Stanley: First interest rate cut in June, total interest rate cut 100 basis points</li>
 <li>MUFG: First interest rate cut in May, total rate cut of 175 basis points</li>
 <li>Nomura: First interest rate cut in May, total interest rate cut 100 basis points</li>
 <li>Oxford Economics: First interest rate cut in May, total interest rate cut 75 basis points</li>
 <li>TD Securities: First rate cut in May, total rate cut 200 basis points</li>
 <li>UBS: First discount in May, total discount 250 basis points</li>
 <li>Wells Fargo: First interest rate cut in May, total interest rate cut 125 basis points</li>
</ul>
Related News: <a href="https://en.bitcoinsistemi.com/managing-9-trillion-blackrock-made-a-statement-about-bitcoin-there-may-be-upside-potential/" target="_blank" rel="noopener noreferrer nofollow">Managing $ 9 Trillion, BlackRock Made a Statement About Bitcoin: "There May Be Upside Potential"</a>
The FED decided to keep interest rates constant at its meeting at the end of December. However, it seems that many banks have started to estimate later dates instead of March, which they had previously predicted.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/18-wall-street-banks-fed-rate-cut-forecasts-announced-here-are-the-months-and-levels-of-interest-rate-cut-expected-by-banks/" rel="noopener noreferrer nofollow">18 Wall Street Banks’ FED Rate Cut Forecasts Announced: Here are the Months and Levels of Interest Rate Cut Expected by Banks</a>

18 Wall Street Banks’ FED Rate Cut Forecasts Announced: Here are the Months and Levels of Interest Rate Cut Expected by Banks

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