Wu Blockchain (@WuBlockchain): Uto Shinohara, managing director of Mesirow, said Powell validated the market's expectations for a September rate cut. Expectations for the September…
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Uto Shinohara, managing director of Mesirow, said Powell validated the market's expectations for a September rate cut. Expectations for the September meeting are still around 30 bps, and total rate cut expectations for the year have only increased from 95 to the 100 bps. The…