Federated Hermes, Inc. (FHI) Stock Price, News, Quote & History - Yahoo Finance

By Yahoo! Finance | Sep 17, 2024 at 08:30 AM EST

Federated Hermes suggests that overpriced Fed rate cuts are making T-bills less appealing. Market anticipates substantial rate cuts, but the Fed may not ease policy as aggressively. Federated Hermes predicts a 25-bp cut on Wednesday with two more cuts by year-end.

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