Reported 21 days ago
As the US Federal Reserve embarks on its anticipated rate-cutting cycle, expectations suggest cuts may be less aggressive due to the economy's continued strength. Analysts highlight a potential disconnect between the market's aggressive rate cut pricing and the current economic indicators, which point to a healthy labor market and corporate earnings. While a majority see cuts of either 50 or 25 basis points, some experts warn that deep cuts would only be justified in a recession scenario. Overall, despite the market pricing in significant rate reductions, many believe the Fed will maintain relatively high rates.
Source: YAHOO