ICYMI – Financial institution of America see no Fed rate of interest cuts in 2025, threat skewed in the direction of a hike

I posted earlier on Morgan Stanley being unmoved by the roles report:

• ICYMI – Morgan Stanley anticipate the Fed to chop charges in March

They appear like they’re on a desert island although, analysts elsewhere are dialling again fee lower expectations. Goldman Sachs for instance:

• Goldman Sachs now anticipate two Federal Reserve rate of interest cuts in 2025, down from three

Adam had the large name from Financial institution of America posted on Friday:

• “we predict the dangers for the following transfer are skewed in the direction of a hike”

Including a bit extra on that decision:

“The roles report, which really was a superb one, principally priced out cuts for the yr, ”

“That is form of how we have pivoted too when it comes to our outlook.”

On inflation:

• “we could possibly be in for a little bit bit stickier-than-expected inflation that is hanging out in that 2 to three% vary”

We’ll get December inflation knowledge from the US on Thursday, January 15, at eight.30 am US Japanese time (1330 GMT):

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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