Scanning some notes, and seeing a bit of a bandwagon effect gathering pace on Federal Reserve views

JP Morgan predict:

  • 25bp rate cut in September
  • 25 bp rate cut in December

Barclays

  • predict a 50bp rate rut in September
  • then another 25 bp cut by the end of 20198

NatWest:

  • say that the Fed will act to stimulate the economy due to trade tensions, other negative factors
  • say damage to business confidence could be lasting
  • September and October cuts forecast

Oh, ps. I think there are oms4ehitng like 16 speeches coming up from Federal Reserve officials in coming days, ahead of the blackout period. The next FOMC meeting is June 18 & 19.