HSBC: The Fed's last two meetings this year will see a 25 basis point rate cut each time, "almost certain"

Max Kettner, chief multi-asset strategist at HSBC, said on Thursday that it was "almost certain" that the last two meetings of the year would see a 25 basis point rate cut each. However, after the CPI release, Atlanta Fed President Bostic said he was "completely comfortable" with keeping interest rates unchanged next month, and he already expected only one more rate cut this year. (Jinshi)