The Federal Reserve will not be as aggressively cutting interest rates as previously expected next year.

GoldenOctober2024

2024-12-18 17:43:58

On December 19th, Bannockburn Global Forex's Chief Market Strategist Marc Chandler said, 'Personally, I expect the Fed to take a firm easing measure, namely a rate cut, but the dot plot shows that the subsequent rate cuts will be less than expected in September, and Powell will reiterate that the economy is rising stronger than expected. Therefore, based on the dot plot and his implications, I believe the market's conclusion is that the Fed will not be as aggressively cutting rates next year as they previously expected.'

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GateUser-6ccbd6f7

· 2024-12-18 18:14

To The Moon 🌕

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