Analysts: The Federal Reserve is likely to skip rate cuts in January next year

BlockBeats reports that on December 23, as the market continues to bet on a cautious rate cut path from the Federal Reserve, the dollar has risen. According to data from the London Stock Exchange Group, the market expects the Federal Reserve to cumulatively cut rates by 38 basis points by December 2025.

A week prior, the Federal Reserve cut interest rates by 25 basis points but hinted that future rate cuts would slow down. Analysts at Deutsche Bank stated in a report that the Federal Reserve is likely to skip rate cuts in January next year, which could evolve into a long-term pause in policy easing until 2025. (Jin Shi)