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Commerzbank: The Fed is likely to skip rate cuts in January next year

Commerzbank: The Fed is likely to skip rate cuts in January next year

CointimeCointime2024/12/23 09:11
By:Cointime

the US dollar has risen as the market continues to bet on the Federal Reserve taking a cautious interest rate cut path. According to data from the London Stock Exchange Group, the market expects the Federal Reserve to cumulatively cut interest rates by 38 basis points by December 2025. The Federal Reserve cut interest rates by 25 basis points the previous week, but indicated that future rate cuts would slow down. Analysts at Deutsche Bank said in a report that the Federal Reserve is likely to skip a rate cut operation in January next year, which could evolve into a long-term pause in loose policy by 2025.

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