S&P: Both the Federal Reserve and the Bank of Canada are expected to cut interest rates by 25 basis points this week
Source: BlockBeats
Time: 2025-09-16 15:44:10
According to BlockBeats, on September 16, S&P predicts that the Federal Reserve will cut interest rates by 25 basis points this week, lowering interest rates to 4% to 4.25%, and is expected to cut interest rates again in the fourth quarter, amid the cooling of employment data and high inflation. "We believe that the latest economic forecast summary and Powell's press conference will be key to determining how the Fed weighs its inflation mission against its employment mission," S&P said. The agency also expects the Bank of Canada to cut interest rates by 25 basis points to 2.5%, and may at least once this year. (Jin Shi)