Expectations for Federal Reserve interest rate cuts in 2024 range from 0 to 125bp ...Middle East

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Expectations for Federal Reserve interest rate cuts in 2024 range from 0 to 125bp
source : forex live ( Middle East ) () 49
This info from Fed watcher Nick Timiraos at the Wall Street Journal. I'm not sure how much credence to give it as the survey was as of 30 April. I know BoA have no change in forecast:Bank of America still forecasting a December Federal Open Market Committee (FOMC) rate cutBut for analysts at, say Morgan Stanley for example (and MUFG!), they'll have to revise the -75bp (-125 for MUFG)call I would think?I'm liking that Soc Gen call! Jeffries too of course. This article was written by Eamonn Sheridan at www.forexlive.com.

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