FXStreet Summary: Institutional Outlook on the Fed Interest Rate Decision (Part 2) - Likely to cut rates by 25 basis points, dot plot softens hawkish stance, economic forecasts support further rate cuts

JIN10
2024.09.18 04:35
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Goldman Sachs, Fitch Ratings, Societe Generale, Citibank, DBS Bank, ANZ Bank, and Morgan Stanley and other institutions predict that the Federal Reserve will cut interest rates by 25 basis points, with the possibility of more rate cuts in the future. Goldman Sachs believes that there is a high possibility of three rate cuts, while Fitch Ratings expects rate cuts of 125 basis points in 2025 and 75 basis points in 2026. Societe Generale and Citibank also support the view of rate cuts, believing that economic forecasts will support further cuts. Overall, the market's expectations for rate cuts by the Federal Reserve are gradually increasing