📊 Forecast of Fed rate cuts: Ebury is optimistic about a cumulative rate cut of 75 basis points this year
Hello everyone! Today I will share with you a latest report from Ebury, a global financial services company, about the forecast of Fed rate cuts. As the global economic situation changes, this topic is a hot topic that everyone is paying attention to! 😃
Ebury's analysis predicts that the Fed will soon cut interest rates by 25 basis points, and implies that future rate cuts will be gradual. This forecast is quite interesting, showing both the recognition of the economic cooling and the Fed's cautious attitude in balancing inflation and economic growth.
However, Ebury does not think there will be a sharp rate cut of 50 basis points. They think that the market's expected rate cut of 115 basis points may be a bit too optimistic. Instead, they predict that this year may see a 25 basis point rate cut in September, November and December, with a cumulative rate cut of 75 basis points. This timetable gives the market a clear expectation and is a good reference for investors.
Personally, I think this gradual rate cut strategy is quite interesting. It may provide short-term support for the US dollar, which may be good news for investors holding US dollar assets. But at the same time, it also reflects that the global economy may be entering a new cycle, and central banks around the world are beginning to consider moderate monetary policy easing after inflationary pressures ease.
But then again, considering the uncertainty of the global economy, do you think the Fed's moderate rate cut strategy is enough to cope with potential economic challenges? Welcome to share your views in the comment section, let's discuss it together! 🤔💡