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FEI and Standard Chartered predict that the Federal Reserve will cut interest rates by 50 basis points, believing that the Federal Reserve's policy needs to be "significantly adjusted"

Source: BlockBeats
According to BlockBeats, on September 15, analysts from FASX Bank believe that the Fed's moderate restrictive position has been maintained for too long and there is a "over-tightening". Therefore, although there are still concerns about inflation stickiness, the risk balance in the Fed’s dual mission (employment and inflation) has been tilted towards the employment side. Based on this, it is necessary to adopt a strong policy adjustment (i.e., a 50 basis point interest rate cut). In fact, they are not the only ones who hold this view, Standard Chartered is another only institution that predicts the Fed will cut interest rates by 50 basis points this week. In any case, it is important to be wary that this view is contrary to the current market pricing and general consensus - the current market generally expects a 25 basis point rate cut. As mentioned earlier, traders currently believe that the probability of the Fed cutting interest rates by 50 basis points is only about 4%. (Jin Shi)
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