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The odds of a September interest-rate cut by the Federal Reserve are tempered by the threat of an inflationary policy shock after the US election, according to Mohamed El-Erian.
The odds of a September interest-rate cut by the Federal Reserve are tempered by the threat of an inflationary policy shock after the US election, according to @elerianm https://t.co/TijjzEG7Sa https://t.co/k8Ea3xncBW
****El-Erian Says US Politics Threaten Chances of September Fed Cut**** @elerianm
Market participants anticipate a 96% chance of interest rate cuts by the US Government in September before the presidential elections in November. Mohamed El-Erian warns of a potential inflationary policy shock post-election, which could affect the likelihood of the rate cuts.