BlockBeats reported on November 29th that senior economist Sarah House from Wells Fargo mentioned that interest rate cuts might slow down in 2025. She suggested that the Federal Reserve will cut interest rates every other meeting, expecting three cuts in the coming year. While there is disagreement among policymakers, Wall Street economists generally agree that the rapid rate cuts will not continue.
Bloomberg data indicates that the market expects the Federal Reserve to cut interest rates about twice in 2025. The Fed will provide updated forecasts on December 18th. Economists from Morgan Stanley and JPMorgan Chase & Co. share a similar outlook on the Fed’s rate cut path, with the federal funds rate staying within the 3.5%-3.75% range by the end of 2025.
(Golden Ten)
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