deVere Group: la Fed devrait maintenant baisser d'urgence les taux d'intérêt

Nigel Green from deVere Group said in a report that if the Fed does not cut interest rates soon, but waits until the next meeting in September to do so, it would be a dereliction of duty. The unexpectedly Hausse unemployment rate in the United States last Friday was the reason behind the pressure on stock index futures, the US dollar, and US bond yields. Green called for an immediate reduction of 25 basis points, while other analysts suggested an emergency rate cut of up to 75 basis points to avoid an economic recession. The Fed 'needs to take action now...otherwise there may be a risk of a hard landing with far-reaching consequences.' (Jinshi)