From Financial Modeling Prep: 2024-12-16 10:54:20

Major banks predict the Federal Reserve will cut interest rates by 25 basis points, bringing the federal funds rate to 4.25%-4.50%. This decision is driven by moderating inflation and strong economic indicators, with analysts expecting a slower pace of cuts in 2025. Market reactions are positive, with bond yields reflecting confidence in the Fed’s strategy.

The potential rate cut aligns with the Fed’s goals of promoting employment and stable prices. Stay informed on interest rate trends and market impacts through the Economics Calendar API, offering insights into key Fed decisions and macroeconomic events.



Read more at Financial Modeling Prep:: Big Banks Predict a 25 bps Fed Rate Cut on Wednesd…