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Wall Street Favors ‘Panic Rate Cuts’ Amid Bubble Risks, says BofA Strategist Coinotag 22 Sep 2024

Wall Street Favors ‘Panic Rate Cuts’ Amid Bubble Risks, says BofA Strategist 📉

USA Bank of America

COINOTAG News reported on September 22 that Hartnett, a renowned strategist at Bank of America, has observed that the market's response to the Federal Reserve's 50 basis point rate cut indicates a preference for what he terms 'panic rate cuts'.

This observation suggests that investors are seeking aggressive measures to mitigate the risks of financial bubbles.

Source: en.coinotag.com ↗

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