Banks Clash on Rate Cut Predictions
Major banks like JPMorgan, Deutsche Bank, Citigroup, and Bank of America offer differing predictions on the anticipated rate cut, ranging from 150 to 250 basis points.
Predictions vary: JPMorgan Chase & Co. and Deutsche Bank AG expect a 150-basis-point cut, while Citigroup Inc. and Bank of America Corp. expect a 250-basis-point reduction.