Rate Cut: Clock Ticking For US Recession, Says Universa

The first interest rate cut by the Federal Reserve signals a U.S. recession is imminent and a dramatic drop in financial markets could once again force the U.S. central bank to come to the rescue by buying bonds, said tail-risk hedge fund, Universa. The Fed said last week it started cutting rates to recalibrate monetary...The post Rate Cut: Clock Ticking For US Recession, Says Universa first appeared on New Telegraph.The post Rate Cut: Clock Ticking For US Recession, Says Universa appeared first on New Telegraph.

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