US FEDERAL RESERVE PREPARING A STRONG SURPRISE FOR MARKETS
US FEDERAL RESERVE PREPARING A STRONG SURPRISE FOR MARKETS
Nomura expects the US Federal Reserve to pause rate cuts in December 2024.
Nomura anticipates two 25 basis point cuts in 2025 (March and June), leaving the federal funds rate at 4.125% through next year.
Goldman Sachs and JPMorgan expect a 25 basis point cut at the December meeting.
The Fed's benchmark interest rate is between 4.50% and 4.75%.
The Fed has already reduced rates by 75 basis points in 2024.
