Macquarie: The only reason for the Fed to cut interest rates by 50 basis points is the financial crisis before the FOMC meeting
Odaily reports that Thierry Wizman, a global foreign exchange and interest rate strategist at Macquarie, and others stated that the only reason for the Federal Reserve to cut interest rates by 50 basis points this week is if a financial crisis occurs in the days before the FOMC meeting. (Gold Ten)
