Summers: Fed's 50 basis point rate cut in September was "a mistake"

CoinVoice has recently learned that according to Jinshi, former US Treasury Secretary Summers said that the Federal Reserve’s 50 basis point interest rate cut in September was "a mistake" but it did not have a "significant impact."

It is reported that traders are now pricing in less than 25 basis points of interest rate cuts by the Federal Reserve in November, and Bank of America has adjusted its forecast for a Federal Reserve rate cut in November from 50 basis points to 25 basis points. [Original link]