I suspect these predictions are generally not in good faith. That is, these rate cut predictions in general, and the banks' rate cut predictions in particular, are part of a propaganda campaign to influence the Fed to lower rates back to "good old days" of ZIRP.
I suspect these predictions are generally not in good faith. That is, these rate cut predictions in general, and the banks' rate cut predictions in particular, are part of a propaganda campaign to influence the Fed to lower rates back to "good old days" of ZIRP.
Interesting assessment.
In the long-term they do not matter but they move markets short and mid-term. Also show the sentiment