HSBC cuts their Fed forecast to 25bp this year, from 75bp previously ...Middle East

HSBC have revised their Federal Open Market Committee (FOMC) projections for 2024 and 2025. Analysts at the bank say the the timing of the first rate cut is still very uncertain:forecast 25bp of cuts this yearforecast 75bp of cuts in 2025More:strong dollar is going to persiststrong U.S. economy, evident in the activity numbers and stickier inflation, will make it difficult for the Fed to start cutting rates This article was written by Eamonn Sheridan at www.forexlive.com.

Hence then, the article about hsbc cuts their fed forecast to 25bp this year from 75bp previously was published today ( Friday 03/05/2024 - 02:33 AM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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