December 22, 2024

Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says

 Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says

Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says

The U.S. Federal Reserve can afford to make a jumbo 50 basis points rate cut next week without spooking markets, an analyst suggested Monday.