#FOMC on the 10th Dec will likely give us 25 BPS interest rate cut, with 87.2% confidence.
US and UK rates are at 4.00% which is higher than China 3%, EU 2%.
The rates need to come down to combat rising unemployment and economic slowdown.
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#FOMC on the 10th Dec will likely give us 25 BPS interest rate cut, with 87.2% confidence.
US and UK rates are at 4.00% which is higher than China 3%, EU 2%.
The rates need to come down to combat rising unemployment and economic slowdown.