ANZ Bank: The Fed's current easing cycle will cut interest rates by 200 basis points

robot
Abstract generation in progress

On September 13th, Jin10 Data News - Brian Martin, G3 Chief Economist at ANZ Bank, said that he expects the Federal Reserve to cut interest rates by 200 basis points in the upcoming easing cycle, as widely expected by the market in the next week's policy meeting. He stated that the potential financial and economic conditions in the United States do not necessarily mean that the easing cycle will start in a more forceful manner. However, he added that if there is a substantial deterioration in the labor market, it would be reasonable to accelerate the pace of easing. ANZ Bank expects the 2024 and 2025 forecasts in the FOMC dot plot to be lowered as committee members anticipate the need for rate cuts during this period.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)