State Street's Hung on Fed Cuts, Coller Capital Stake
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AI-PoweredState Street's CEO Yie-Hsin Hung is calling for a 25bps Fed rate cut in December, citing concerns over rising unemployment, slower hiring, and weakening consumer confidence.
Market impact analysis based on bearish sentiment with 74% confidence.
Article Context
Yie-Hsin Hung, State Street Investment Management’s CEO, says she wants a 25bps Fed cut in December but is concerned about rising unemployment, slower hiring and weakening consumer confidence. She speaks with Katie Greifeld on “The Close.” (Source: Bloomberg)
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