According to BlockBeats, Melanie Baker, a senior economist at Royal Asset Management in London, has indicated in a report that the Federal Reserve is anticipated to implement two interest rate cuts in 2025. However, these cuts are not expected to occur before the second half of the year, when clearer signs of an economic slowdown are projected.
Baker highlighted that the risk of a recession has increased, and the economic growth outlook for both the global and U.S. economies has deteriorated. Despite these concerns, she remains in the 'economic slowdown' camp rather than predicting a full-blown recession. This stance is partly due to the suspension of reciprocal tariffs and indications that U.S. President Donald Trump is responding to market pressures.
