Express News | Will the Fed change its pace of interest rate cuts?
Express News | Fed's Kashkari: Strong economy could mean fewer rate cuts.
Under the framework of the Federal Reserve, the rate-cutting cycle has not changed: implying potential risks remain.
Based on the statement of this monetary policy meeting and Powell's remarks at the press conference, the incremental information conveyed seems rather limited. The Fed appears to be actively avoiding providing any clear signals regarding the forward guidance of interest rate paths, continuing to emphasize that they have not set any pre-set course and will adhere to the data-dependent decision-making model they have always followed.
Wall Street's latest consensus: In the Trump 2.0 era, the Federal Reserve may slow down its rate cuts.
①After the results of the usa election were released, Wall Street in the usa became increasingly concerned about the prospect of a rate cut by the Federal Reserve next year; ②On Thursday Eastern Time, following a statement by Federal Reserve Chairman Powell, many investment banks gave up hope for a substantial rate cut by the Federal Reserve next year.
The Fed paused rate cuts as betting on rate hikes heats up! Traders expect an 80% probability of a pause in January next year, with Goldman Sachs expecting a slowdown in rate cuts.
Cme tools show that the probability of pausing rate cuts in December is about 35% in the futures market this Friday, and the probability of pausing in January next year is about 78%. The probabilities announced by the Federal Reserve before the rate cuts on Thursday are 33% and 67% respectively. Goldman Sachs currently predicts rate cuts of 25 basis points in June and September next year, compared to the previous forecast of May and June.
Express News | Institutions: The Fed's rate cut may stimulate post-sale leaseback transactions.