Peter Tchir, Academy Securities Head of Macro Strategy says that it would be “embarrassing” for the Federal Reserve to not cut rates in November. He further added the Fed is likely to cut by 25 basis points since there is likely to be a bout of inflation coming into the fourth quarter. He spoke with Dani Burger on “Bloomberg Brief.”
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Since the Fed stopped hiking rates in July 2023, navigating the vicissitudes of the central bank’s rate-cut cycle has created some humbling moments for markets. What are futures markets presently saying about future cuts, and why do they continue to second-guess Fed guidance? Presented by @cmegroup: https://www.cmegroup.com/openmarkets/quicktake-by-bloomberg.html?utm_source=youtube&utm_medium=paid_social&utm_campaign=quicktake_evergreen&utm_content=more_insight

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Rapper, entrepreneur, pop culture icon and newly minted media correspondent Snoop Dogg sits down for a discussion with Bloomberg’s Lucas Shaw on sports, new music and what’s next for his growing empire at Bloomberg Screentime in LA.
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Israeli Defense Minister Yoav Gallant’s visit to the US has been postponed, the Pentagon said. He was due to fly to Washington for …

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Jun.16 — Citigroup Inc. shares dropped yesterday after Chief Financial Officer Mark Mason signaled revenue from the bank’s …

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