Reported about 22 hours ago
A recent Reuters poll indicates that the U.S. Federal Reserve is expected to lower interest rates by 25 basis points in December due to economic conditions, but the pace of cuts in 2025 will be slower than anticipated due to inflation risks tied to President-elect Donald Trump's policies. Most economists now foresee a more cautious approach, with inflation expected to remain above the Fed's 2% target until at least 2027, leading to speculation that the Fed will limit further rate reductions. The economic growth forecast remains positive, with growth projected at 2.7% this year.
Source: YAHOO