Fed to cut interest rates at a quarterly pace after December - JP Morgan
Well, that's some contrast to the call by Nomura here which forecasts the Fed to cut by just once in 2025. But I guess the wide range of differing views highlights the uncertain nature of the Fed outlook now that Trump is president. As for markets, traders are pricing in ~89 bps of rate cuts by June next year at least. This article was written by Justin Low at www.forexlive.com.
Well, that's some contrast to the call by Nomura here which forecasts the Fed to cut by just once in 2025. But I guess the wide range of differing views highlights the uncertain nature of the Fed outlook now that Trump is president. As for markets, traders are pricing in ~89 bps of rate cuts by June next year at least.
