Jay Hatfield: There will be four interest rate cuts after the new Fed chairman takes office next year.

According to ChainCatcher news and Jin10 reports, Infrastructure Capital analyst Jay Hatfield stated that the Fed is not expected to lower interest rates in December unless the employment data is very weak. He pointed out that the team still expects the Fed to remain on hold in December and is confident about the gradual decline in inflation. He anticipates four interest rate cuts next year after the new Fed chair takes office, and that the yield on the 10-year Treasury should remain around 4%, which is Favourable Information for the stock market.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments