DWS: The outlook for the U.S. economy remains uncertain, expecting the Federal Reserve to cut interest rates by 0.25% in November

Zhitong
2024.11.06 07:28
portai
I'm PortAI, I can summarize articles.

DWS Chief Economist Christian Scherrmann stated that the outlook for the U.S. economy is filled with uncertainty, especially regarding inflation, and it is expected that the Federal Reserve will cut interest rates by 0.25% in November. Although recent data shows strong economic growth, there are no signs of overheating. The political outlook is also unclear, which may affect monetary policy. The Federal Reserve will continue to rely on economic data, striving for a soft landing for the economy, and future policies will depend on economic data, which may maintain a hawkish tone