<p>Bank of America's US interest rate strategist Meghan Swiber stated before the release of US PCE inflation data: The internal view is that the Federal Reserve will cut interest rates for the first time in December.
Recently, she has seen improvements in service inflation data, but the Fed hopes to see more sustained improvements.
Swiber is waiting for next week's (non-farm) employment data, which is crucial for investors to assess the Fed's policy path</p>

<p>Meghan Swiber, the US interest rate strategist at Bank of America, stated before the release of the US PCE inflation data that the internal view is that the Federal Reserve will cut interest rates for the first time in December. Swiber is waiting for next week's employment data, which is crucial for investors to assess the Fed's policy path</p>

News