Wall Street Game Plans the Market Reaction to a Fed Rate Cut
- Morgan Stanley, JPMorgan among banks dusting off history books
- Goldman says ‘few precedents’ for current market situation
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With expectations for Federal Reserve interest rate cuts increasing among investors and economists alike, some of the biggest U.S. banks are mapping out the implications for financial markets.
Strategists at JPMorgan Chase & Co. and Goldman Sachs Group Inc. are among those mining history and running models to divine the potential path for different asset classes.