Reported 11 months ago
As the Federal Reserve navigates inflation and unemployment, analysts are reevaluating their forecasts for interest rate cuts in 2025. The Fed has initiated a rate-cutting cycle, reducing rates twice recently, but interest rates for loans and mortgages have surprisingly increased. Forecasts suggest a potential quarter-point cut soon, with expectations for further reductions wavering, highlighting the uncertainty surrounding economic conditions and inflation trends.
Source: YAHOO