Fed Rate Cut Expectations for 2025 Reduced to Two
- Anticipated Fed rate cuts for 2025 have decreased from over four to just two.
- The US Fed’s uncertainty on future actions has contributed to this reduction.
- FOMC meeting minutes are expected to provide insights into the Fed’s plans.
- New York Fed’s John Williams suggests a rate hike could occur by June or July.
- Chicago Federal Reserve Bank President Austan Goolsbee predicts rate cuts in 10-16 months.
The expected number of Fed rate cuts in 2025 has been revised down to two, driven by uncertainties in the US Fed’s decision-making process. Upcoming FOMC minutes are anticipated to offer further clarity on the central bank’s timeline for action.
Source (2.6)https://coingape.com/traders-bet-on-two-fed-rate-cuts-this-year-ahead-fomc-minutes-release/?rand=24432