Wall Street's Latest Guessing Game: Two Cuts, Just One, or None?
·1 min
Wall Street’s Latest Guessing Game: Two Cuts, Just One, or None?
The Federal Reserve faced the question of how many cuts to make three months ago. Now, the focus is on whether they will cut rates at all this year. Forecasts from Wall Street’s sell-side economists and central-bank watchers initially predicted cuts at every other meeting, beginning in March. Speculation even arose about the possibility of a half percentage point cut at any meeting. The uncertainty surrounding the number of cuts has become a topic of interest for market analysts.