Federal Reserve: No near-term hikes signalled – Commerzbank
The post Federal Reserve: No near-term hikes signalled – Commerzbank appeared on BitcoinEthereumNews.com. Commerzbank’s Dr. Christoph Balz and Bernd Weidensteiner interpret recent data and Fed communications as pointing to stable policy rates in coming months. Softer US inflation, a balanced FOMC, and forecasts for Fed funds at 3.75% through early 2027 before cuts to 3.50% support the view that markets overprice further tightening and that the next major move will be downward. Policy on hold before eventual cuts “The minutes of the Fed’s latest meeting reflect the concerns of Fed officials regarding inflation trends. There was agreement that inflation risks remain tilted to the upside and that the labor market is likely to remain stable, at least in the short term. Some meeting participants therefore even saw grounds for an interest rate hike, but ultimately supported the decision to keep key rates unchanged.” “During the discussion on the monetary policy outlook, significant differenc