Fed Watch: Rate Cuts on the Horizon?
According to ING, the Federal Reserve's rate cut may be delayed until Q4! Here's what you need to know:
🔹 *Rate Cut Expectations*: 25bps cut expected, despite election outcome
🔹 *Interest Rate Projections*: ING predicts 3.5% by year-end, with 100bps easing; Fed projects 50bps cuts in 2025
🔹 *Economic Influences*: Cooling jobs market & 2.5% inflation projection
🔹 *Market Reaction*: 10-year Treasury yield at 4.45%; dollar strengthens
🔹 *Uncertainty Ahead*: Upcoming presidency & policy changes may impact rate cuts
Stay tuned for updates!