Major brokerages and professional Fed watchers anticipate one or two rate cuts by the Federal Reserve in September or December. JPMorgan and Citigroup revised their forecasts after the latest jobs report. The Fed is expected to maintain interest rates this week and release new economic projections, with market watchers predicting a decrease in the number of rate cuts for 2024.
Wall Street On Pins And Needles As Market Braces For Fed's Decision: Analyst Says Size And Speed Of Rate Cuts Will 'Frustrate Investors' • Nasdaq Composite and S&P 500 hit fresh highs, on a closing and intraday basis, on Tuesday. • Bond yields remain flat above the 4%… https://t.co/IY5CjGwq2e
U.S. Federal Reserve expected to hold rates steady, project fewer cuts in 2024 https://t.co/F33Q7OtTVK
Investors are on edge as Federal Reserve officials prepare to signal how many interest rate cuts are still likely in 2024. Most market watchers believe policymakers will dial their expectations back. The question is by how much.
The United States’ Federal Reserve Bank is expected to keep interest rates unchanged in Wednesday’s press conference, maintaining the benchmark lending rate of 5.25-5.50%. Here's what to expect: https://t.co/k78LE5dRq7 #usfed #unitedstates #interestrates
🇺🇲🦅 The Fed’s dot plot is likely to show a median of 2 ‘24 rate cuts. - There are increasing risks of a shift to just 1 cut. - Sell-side rate cut views continue to be pushed back, converging on September. - Get briefed via the @MNIMarketNews preview 👇🏻 https://t.co/he8M0iEo9B https://t.co/DJZfBVADbp
Federal Reserve officials are expected to leave interest rates unchanged at their meeting this week. They will also release a fresh set of economic projections. https://t.co/PEeZnglmB2
According to WSJ Nick Timiraos, JPMorgan and Citigroup abandoned their forecasts for a July rate cut after last Friday's jobs report, and most sell-side economists and other professional Fed watchers now expect one or two rate cuts in September or December this year.…
Major brokerages expect Fed to cut rates from September or beyond https://t.co/jyKUgXGuxO https://t.co/hQeWOUDL8j
🇺🇸 WSJ's Timiraos: "Most sell-side economists and other professional Fed watchers now anticipate one or two rate cuts this year in either September or December" - @newsquawk on https://t.co/orvmA6WYlS