2024/02/01 / Erste Group Research |
US Fed slowly moving towards lowering interest rates As expected, the interest rate committee of the US Federal Reserve FOMC left key interest rates unchanged. The statement did, however, contain some changes that showed a slow shift towards lowering interest rates. In his view, an interest rate cut as early as March is unlikely, said Powell. After yesterday's statements, an interest rate cut in May or June has become very likely for us. |
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Author | Erste Group Research |
Date | 2024/02/01 |
Language | |
Product name | Short Notes Major Markets |
Topic in focus | Macro/ Fixed income |
Economy in focus | United States |
Currency in focus | US Dollar |
Sector in focus | - |
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