🇺🇸 The next Fed meeting is on November 1!
▪️ Market expectations (Fed rate):
- 76% probability of a pause at the meeting in November.
▪️ Bostic, Chairman of the Fed:
- I expect a reduction in the interest rate by 25 bps at the end of 2024.
- Geopolitics, oil prices - risks for revising inflation forecasts.
▪️ Mister, Chairman of the Fed:
- Most likely, I will support a rate hike at the next meeting if the current economic situation does not change.
- The Fed is probably at the end of the DCP tightening cycle.
- I do not expect a rate cut in the near future.
▪️ Goldman Sachs:
- Our basic forecast is that the Fed, the ECB and the BoE will keep rates at the current level until the end of 2024. #banks
▪️ Clarida, former Vice President of the Federal Reserve:
- It is possible that the Fed has completed the rate hike cycle.