Wells Fargo: Fed may cut rates every other meeting through 2025

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ODAILY
11-29
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Odaily Planet Daily Report: According to Sarah House, senior economist at Wells Fargo, "As we enter 2025, we may see a slower pace of future rate cuts, with the potentially cutting rates once every other meeting." Her team expects the to cut rates three times in 2025. While policymakers have differences on the specific details, Wall Street economists generally believe that the 's current rapid pace of rate cuts will not continue. According to Bloomberg data, the market currently expects the to cut rates about twice in 2025. The will release its updated forecast on December 18. (Jinshi)

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