Economist: The Federal Reserve may skip a rate cut in December or January next year

CoinVoice has recently learned that, according to Jinshi, LPL Financial Chief Economist Jeffrey Roach expects the Federal Reserve to skip a rate cut in December or January next year, followed by up to four rate cuts in 2025. Analysts at Bank of America expect a rate cut in December, but they added, 'Given the resilience of economic activity and stubborn inflation, the rate cut seems to be leaning towards being more moderate.'

According to the CME FedWatch tool data, the market expects there is about a 45% chance that the Federal Reserve will keep interest rates unchanged at the upcoming December meeting. A month ago, this probability was 24%. [Original link]