Reported about 5 hours ago
Wall Street forecasts a more gradual pace for Federal Reserve interest rate cuts in 2025, down from earlier predictions of four cuts, to roughly two. Current economic conditions, including persistent inflation and solid growth, have led economists to project that the Fed will likely slow its rate-cutting cycle as it aims for a balanced inflation target without risking economic downturns. Some experts now expect the Fed to pause cuts throughout 2025 while waiting for clearer signs of inflation progress.
Source: YAHOO