Economist: The Federal Reserve will cut interest rates twice this year, in the second half of the year

Mars Finance News, on April 29, Melanie Baker, a senior economist at Royal Asset Management in London, stated in a report that she still expects the Federal Reserve to conduct two interest rate cuts in 2025, but not before the second half of the year, when the economy is expected to show more clear signs of slowdown. She pointed out that the risk of recession has increased, and the economic growth prospects of both the global economy and the United States have deteriorated. However, she is currently still in the "economic slowdown" camp, rather than the "economic recession" camp, because of the temporary suspension of reciprocal tariffs and signs that Trump is responding to market pressure. (Jin Shi)