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The Fed’s higher-for-longer strategy on interest rates is slowly crumbling. Welcome to higher-for-long-enough.

From edition.cnn.com

Investors are feeling bullish that the Federal Reserve will begin to cut interest rates in the first half of next year, despite Fed Chair Jerome Powell and other officials saying they’re not considering rate cuts just yet. Still, some think rate cuts could come as early as the first quarter. The latest inflation figures have been encouraging, and real-time forecasts show that economic growth has slowed dramatically since the summer as the year comes to a close — a clear downshift from the red-hot pace of growth in the third quarter. There is growing confidence that rate cuts only a few months away, with a roughly 44% ... (full story)

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  • Category: Fundamental Analysis