Here's your summary from ECB May Cut Four Times in 2024, BNY's Colton Grant Says (https://www.youtube.com/watch?v=2NJh1ZEWQD4) on the Bloomberg Television channel:
**TLDR:** ECB may cut interest rates up to four times in 2024, while the Fed is expected to only cut rates once in December.
1. ECB is expected to cut rates by 25 basis points, potentially up to four times in 2024 due to a softer Eurozone economy.
2. The Fed is not expected to cut rates next week, with only one rate cut anticipated in December.
3. Family offices are increasingly looking towards private markets for investment opportunities, with a focus on private equity and venture capital.
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