Big Banks reevaluating Fed rate cut forecasts

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Big Banks like JPMorgan Chase & Co. (JPM), Citigroup (C), Barclays (BCS), TD Bank (TD), Goldman Sachs (GS), and Bank of America (BAC) are reevaluating their forecasts on interest rate cuts by the Federal Reserve. The main consensus on Wall Street is that the Fed is on the path to initiate rate cuts at its September FOMC policy meeting.

Josh Schafer joins the Morning Brief team to review notes from top economists and strategists from major banks.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Luke Carberry Mogan.

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