Wells Fargo joins the club and now sees the Fed cut rates in September

Wells Fargo now expects the Fed to cut rates in September, after previously hoping for a cut in June.

This joins many other participants who changed their minds after yesterday’s CPI hike:

• BNP Paribas joins other banks in changing Fed cuts to two this year
• UBS expects Fed to start cutting rates in September

This article was written by Arno V Venter on www.forexlive.com.

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