Surprised By Size Of Rate Cut By The Fed, Interest Rate In US Should Be 3-3.5% By 2025: Chris Wood

CNBC-TV18 Exclusive | Christopher Wood of Jefferies is surprised by the size of the US Fed rate cut. He tells Prashant Nair that the decision to cut by 50 bps could be politically driven. Adds interest rate in US should be 3-3.5% by next year.
'RBI could cut rates before the end of this year,' stated Christopher Wood. He added that he is astonished at the resilience of the markets despite capital gains tax increase in India.
#usfederalreserve #usfed #FOMCmeeting #jeromepowell #usfedratecuts #globalmarkets #jefferies #chriswood #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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[@SACHINAU]

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[@Mei美-g9r]

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