Reported 3 days ago
Investors expect the Federal Reserve to implement a final interest rate cut of a quarter percentage point in December 2024, but uncertainties loom about future rate cuts in 2025. Despite initial predictions of additional cuts, stubborn inflation data and shifting Fed official sentiments may lead to a more cautious approach. Analysts debate whether the Fed will adjust its anticipated cuts for next year, with some indicating a slowdown in rate reductions due to stronger economic conditions and inflation challenges.
Source: YAHOO