Fed to chop rates of interest at a quarterly tempo after December – JP Morgan
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Nicely, that is some distinction to the decision by Nomura right here which forecasts the Fed to chop by simply as soon as in 2025. However I assume the big selection of differing views highlights the unsure nature of the Fed outlook now that Trump is president. As for markets, merchants are pricing in ~89 bps of fee cuts by June subsequent 12 months at the very least.
This text was written by Justin Low at www.ubaidahsan.com.
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