The Fed will be in position to start moving monetary policy to a more neutral footing before the summer – ING
Economists at ING expect the Federal Reserve to start cutting rates in June.
125 bps of cuts this year, starting in June
Given the Fed doesn’t want to cause a recession if it can avoid it, we believe they will be in a position to start moving monetary policy from restrictive territory to a more neutral footing before the summer.
We expect 125 bps of cuts this year, starting in June, with a further 100 bps in 2025 as they seek a soft landing for the economy.
Reprinted from FXStreet,the copyright all reserved by the original author.
Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.
FOLLOWME Trading Community Website: https://www.followme.com
Hot
No comment on record. Start new comment.