Veronica Clark, a US economist at Citi Research, anticipates that the Federal Reserve will lower interest rates by 50 basis points during its December meeting. She shared these insights during her appearance on "Bloomberg The Close."
Swiss inflation has unexpectedly slowed, raising concerns about the central bank potentially missing its target. This development strengthens the argument for further interest-rate cuts, as policymakers may seek to stimulate the economy amid decreasing price pressures. Investors and analysts are now closely watching for the central bank's next moves.
US government bond yields rose recently as weak demand in two Treasury note auctions indicated investor anxiety about upcoming supply. This trend comes just ahead of the next financing quarter, raising concerns about how well the market can absorb new debt.
