Barclays: Fed Rate Cut a Done Deal, but Future Policy Path Still Uncertain
BlockBeats News, September 15th: The market widely expected the Fed to cut interest rates by 25 basis points this week, but there is still uncertainty about the guidance direction after the policy is implemented.
Barclays' Chief U.S. Economist, Marc Giannoni, stated that against the backdrop of inflation data remaining mild, the FOMC will judge that the downside risks to achieving the employment target are increasing.
He added that the Fed's economic projections report has seen little change, but the dot plot will show three rate cuts this year (25 basis points each), one rate cut in 2026 and 2027 each, and the median forecast for long-term rates remains unchanged at 3.0%. (FXStreet)
You may also like
Gainers
Latest Crypto News
Data: Significant On-Chain Accumulation of chips occurred in the $84,000 to $85,000 range, with two remaining resistance levels above.
South Korea: Two Police Officers Indicted in $186 Million Cryptocurrency Laundering Case
PDAX: Philippines' Tokenized Asset Market Expected to Reach $60 Billion by 2030
On-Chain Meme Coin "emo" Surges 290% in 24 Hours, Reaching a Market Cap of $570,000
South Korea to Enhance Cryptocurrency Anti-Money Laundering Regulation, Covering Small Transactions of Less Than 1 Million KRW
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com