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Wells Fargo joins the club and now sees the Fed cutting rates in September

  • Another bank adjusts their Fed expectations after yesterday's CPI
Arno V Venter
11/04/2024 | 10:40 GMT

Wells Fargo now sees the Fed cutting rates in September, previously they were looking for a cut in June.

This joins plenty of other participants shifting their views after yesterday's CPI beat:

  • BNP Paribas joins other banks to amend Fed cuts to two this year
  • UBS expects the Fed to start cutting in September

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