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Major brokerages retain US rate-cut view after soft inflation data

J.P. Morgan and Goldman Sachs expect the Fed to start cutting rates as soon as July, while Morgan Stanley, UBS Wealth Management, Bank of America, and Deutsche Bank see rate cuts coming in September or December. Expectations of interest rate cuts this year have boosted demand for equities, after a downbeat 2023 when steep borrowing costs dented the valuation of companies and forced consumers to rein in spending.
United States Ravi Prakash Kumar Roshan Abraham Devika Syamnath Rick Rieder Morgan Stanley
Source: yahoo.com

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BNP Paribas Asset Management Creates Systematic And Quantitative Investment team

<p><span>BNP Paribas Asset Management (‘BNPP AM’) announces the creation of a new systematic portfolio management team to complement its fundamental portfolio management capabilities in equities, fixed income and multi asset.</span><span> </span></p>
France General Robinson Rouchi Rob Gambi Denis Panel Bnpp Am Investment Committee Asset Management

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