On the Fed / FOMC - another analyst call saying 25bp cut coming, not 50
The latest from Commerzbank, unsurprisingly backing a 25 basis point rate cut from the Federal Reserve instead of 50bp
- cut to come on July 31
- cites strong jobs report (NFP) last week
- 25bp an insurance cut
- Says a 50bps cut would appear as "a bit too much of panic"