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The Fed is done raising interest rates and will likely cut them by roughly one percentage point next year, according to economists at some of North America’s largest banks per Bloomberg.
They believe, also, that the Fed will likely cut them by roughly one percentage point next year.
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Unusual Whales - NewsThe Fed is done raising interest rates and will likely cut them by roughly one percentage point next year, according to economistsLeading economists at some of the largest North American banks are predicting that the Federal Reserve's interest rate hikes have come to an end, and there's a likelihood of a roughly one percentage point reduction in rates next year.
Although the United States is expected to avoid a recession, the latest projections from the American Bankers Association's Economic Advisory Committee suggest a significant deceleration in economic growth in the upcoming quarters. This slowdown is expected to res