Market Eyes Rate Cuts Amidst Inflation and Labor Market Concerns

Market analysts anticipate a significant easing of monetary policy with a total rate cut of 75 basis points by year-end, according to recent reports from BlockBeats and the Kobeissi Letter. This prediction is based on growing inflation concerns and a sluggish labor market, although there is already a decline in Treasury yields. The yield on the 10-year U.S. Treasury has officially fallen below 4.00% for the first time since April 4th. The market now fully anticipates three separate 25 basis point rate cuts before year’s end.