Home Business Traders are expecting a rate cut as soon as next month as Trump’s trade wars escalate

Traders are expecting a rate cut as soon as next month as Trump’s trade wars escalate

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Traders are expecting a rate cut as soon as next month as Trump’s trade wars escalate

As President Donald Trump’s escalating trade wars threaten to upend growth in the largest economy and elsewhere, the market is increasingly betting that lower borrowing costs are on the horizon.
The probability that the Federal Reserve will cut its benchma…
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