Federal Reserve Chairman Jerome Powell signalled on Wednesday that a rate cut could happen in September, as long as there is no major change or upset from the economic data. Given this confidence, market is shifting to long term  US Treasury bonds and Reits. And on Friday, US market tumbled on fear of possible recession and […]

source: https://thefinance.sg/2024/08/03/fed-hinted-rate-cut-may-start-in-september-sparked-breakout-in-these-asset-classes/