Barclays: The Federal Reserve is expected to cut interest rates by 25 basis points this week and make two more cuts next year
According to ChainCatcher, citing Golden Ten Data, Barclays expects that the Federal Reserve will lower interest rates by 25 basis points to a range of 3.5% - 3.75% at this week's policy meeting. The post-meeting statement may include hawkish language, suggesting a pause in rate cuts in January next year. The bank maintains its forecast for two 25 basis point rate cuts in March and June next year, and believes the new Summary of Economic Projections may show little change in economic forecasts. The dot plot is expected to reflect one rate cut each in 2026 and 2027, each by 25 basis points, and the median long-term interest rate forecast is expected to remain at 3%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
After doubling their stock prices this year, Valero Energy (VLO.US) and Marathon Petroleum (MPC.US) have been downgraded by Jefferies: Their valuations are now considered too high.
Jefferies downgraded refiners Valero Energy (VLO.US) and Marathon Petroleum (MPC.US) from "Buy" to "Hold," with target prices of $401 and $413, respectively.
Goldman Sachs Bets on 'Rising Stocks and Bullish Bonds': S&P 500 Targeted at 8,700 Points, 10-Year US Treasury Yield Falls to 4.5%
Goldman Sachs expects the S&P 500 index to rise by 13.7% over the next 12 months, with the 10-year US Treasury yield falling from the current 5% to 4.5%. The bank's 12-month target for the S&P 500 is 8,700 points.
Up 14% since July! Forex options traders bet the Korean won rally will continue
Forex options traders are betting that the Korean won, which has been leading the Asian forex market since July, will continue its strong momentum.
Crypto prices
More
