Economist: The Federal Reserve is expected to cut rates by 75 basis points next year

BlockBeats news, on December 19, Kathy Bostjancic, Chief Economist of Nationwide Insurance, stated that next year's focus will be on Trump. Based on our forecasts of potential anti-inflation trends (especially in the service sector), the Federal Reserve is expected to cut rates by another 75 basis points next year.

「However, based on the extent of the tariff increases and specific import targets, overall inflation may be higher than our baseline forecast, which could lead to the Federal Reserve's rate cuts being less than we expect.」(Jin Ten)