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Veteran trader rules out 50bps rate cut, predicts 'best results'
Yahoo Finance·2025-09-18 01:56

The Federal Reserve is expected to cut interest rates on Sept. 17, for the first time in nine months. The last time the Fed cut rates was back in Dec 18, 2024, with a 25 basis point (bps). However, in the Jackson Hole Speech dated Aug. 22, Federal Chair said, "the baseline outlook and the shifting balance of risks may warrant adjusting our policy stance", hinting at a rate cut. While the anxiety is felt within the equity markets, crypto markets are also feeling the heat. With three distinct scenarios on ...