Why is the market forecasting a Fed rate cut this year? [FOX Business Network]
ALLIANZ SE (AZSEY)
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Source: FOX Business Network
Why is the market forecasting a Fed rate cut this year? video Increased market volatility ahead over China trade uncertainties? E-Valuator Funds CIO Kevin Miller on Home Depot's first-quarter results and the impact of U.S.-China trade tensions and the Federal Reserve on the markets. The Continue Reading Below The CME’s FedWatch Tool According to James McCann, a senior economist with Aberdeen Standard Investments, that’s largely because the forecast needs to take into account potential threats to economic growth, such as the U.S.-China trade war, Brexit uncertainties and muted inflation. MORE FROM FOXBUSINESS.COM... While the assumption among analysts may be that the Fed will stay on hold, the market needs to look at the distribution of all of the risks -- even if it’s possible that they never fully develop or hinder economic growth. . “What it comes out to is the risks point to the Fed having to cut,” he told FOX Business. Advertisement That doesn’t necessarily mean there will be a
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