Reported about 11 hours ago
Deutsche Bank's chief US economist, Matthew Luzzetti, predicts that the Federal Reserve will implement a 25 basis point rate cut in December 2024, but anticipates no further cuts through 2025. He cites uncertainties regarding economic policy and expects tax cuts to continue, which could support economic growth and employment, prompting the Fed to maintain a pause in rate adjustments for an extended period.
Source: YAHOO