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
Infinex Founder: ICO Reboot Aims to Eliminate the "Low Circulation, High Market Cap" Scam Ecosystem
Infinex Patron NFT Floor Price Surges Past 1.8 ETH, Up 13.92% in the Last 7 Days
Yellen's appointment as Fed Chair probability soars to 35%, emerging as the top favorite
A certain AAVE whale has once again bought the dip, acquiring over 40,000 AAVE in the past 5 days.
The "Cool-headed Lone Wolf" has been involved in large-scale settlements for 7 consecutive days, and the total balance in the account is now less than $50,000
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Services:support@weex.com