0621 GMT - Irrespective of whether the Federal Reserve cuts rates this week, Neuberger Berman expects rates to fall, stimulating a reacceleration in the economy and supporting the prospects for risk assets, says Shannon Saccocia in a note. "While market expectations on the Federal Reserve making a quarter-point cut to rates on Dec. 10 have flip-flopped wildly over recent weeks, what is most important is the overall easing bias the central bank is engaged in and the constructive implications this has for the U.S. economy and risk markets," the CIO at the asset manager's wealth division says. While risks to the timing and extent of the rate cuts that the Fed undertakes remain, Neuberger doesn't believe they alter the likely final destination--a lower and more accommodative fed funds rate into the second half of next year, Saccocia says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
December 10, 2025 01:21 ET (06:21 GMT)
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