Last night, Fed officials also gave their own views. At the macro level, it is not optimistic. It is now May 2024, and the market is even worried about rate hikes;
Fed Logan said there are important upside risks to inflation. It is too early to consider rate cuts. We need to be flexible in policy.
Fed Governor Bowman said we need to keep policy stable for a longer period of time.
Fed Bostic said that although the timing is uncertain, he still believes that the Fed will cut interest rates once this year. Optimistic inflation relief will continue, although returning to the Fed's 2% target may take until the end of next year or early 2026. There is less consideration of the extent of this year's rate cuts, and more focus on ensuring that policy easing begins at the right time.
