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DeepNewz, mobile.
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Moody's forecasts that the Federal Reserve may initiate policy easing with a 25 basis points cut as early as the upcoming 30-31 July meeting. They also anticipate a total reduction of 50-75 basis points in 2024 and an additional 100-125 basis points by 2025 in the Fed funds rate.
MOODY’S: THE FEDERAL RESERVE COULD BEGIN POLICY EASING WITH A 25 BASIS POINTS CUT AS EARLY AS IN THE UPCOMING 30-31 JULY MEETING.
MOODY’S: WE EXPECT THE FED FUNDS RATE TO BE REDUCED BY A CUMULATIVE 50-75 BP IN 2024 AND ANOTHER 100-125 BP THROUGH 2025.
Moody's predicts a reduction in the Fed funds rate by a cumulative 50-75 basis points in 2024 and an additional 100-125 basis points through 2025. #economy #FedRate #Moody's
