Fed Signals Slower Easing; January Rate Cut No Longer Expected

From Financial Modeling Prep: 2024-12-16 10:52:55

Goldman Sachs predicts the Federal Reserve will slow down rate cuts in January, focusing more on long-term inflation control. After cutting rates by 75 basis points in 2024, future reductions will depend on inflation and labor market data. The Fed funds rate is expected to settle between 4.25% and 4.5%, leading to cautious optimism in the market. Treasury yields are stable, and equity markets are adjusting to slower monetary support. For more insights on interest rate trends, check out the Economics Calendar API from Financial Modeling Prep.



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