Capital Investment Macro: Today's Fed interest rate decision is hawkish "
According to online reports, Capital Investment Corporation's macro assessment said that today's Federal Reserve's interest rate decision is biased towards hawks. "Taking all factors into account, we now expect the Fed to end this easing cycle earlier than before. We expect to cut interest rates by an additional 25 basis points at every meeting until May next year, and rates will bottom out between 3.50% and 3.75%, 50 basis points above our pre-election forecast.
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