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Financial Giant ING Expects Fed to Cut Rates From Second Quarter Onwards

Financial Giant ING Expects Fed to Cut Rates From Second Quarter Onwards


Bitcoin.com
2023-12-05 05:30:14

Financial giant ING has predicted that the Federal Reserve will start cutting interest rates in the second quarter of next year. “We are currently forecasting 150bp of rate cuts in 2024 with a further 100bp in early 2025,” ING’s chief international economist detailed, noting that U.S. economic data confirmed that there’s “no need for any


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