Wednesday , 4 December 2024
Home Forex Expectations for Federal Reserve interest rate cuts in 2024 range from 0 to 125bp
Forex

Expectations for Federal Reserve interest rate cuts in 2024 range from 0 to 125bp

This info from Fed watcher Nick Timiraos at the Wall Street Journal. I’m not sure how much credence to give it as the survey was as of 30 April. I know BoA have no change in forecast:

But for analysts at, say Morgan Stanley for example (and MUFG!), they’ll have to revise the -75bp (-125 for MUFG)call I would think?

I’m liking that Soc Gen call! Jeffries too of course.

This article was written by Eamonn Sheridan at www.forexlive.com.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

European indices open slightly higher to start the day

Eurostoxx +0.3%Germany DAX +0.5%France CAC 40 +0.2%UK FTSE -0.1%Spain IBEX +0.4%Italy FTSE...

ECB’s Rehn: I see policy easing continuing in the coming months

I see policy easing continuing in the coming months.I see more grounds...

What are the main events for today?

In the European session, we will get the final services PMIs for...

Gold price sticks to modest gains, lacks bullish conviction ahead of Fed’s Powell

Gold price (XAU/USD) extends its consolidative price move on Wednesday and oscillates...