Fitch Ratings predicts the US Federal Reserve will continue modest rate cuts, despite a larger-than-expected 50-bps reduction.
The federal funds rate is expected to reach 4.5 per cent by year-end, and 3.0 per cent by mid-2026.
Rising unemployment and a focus on maximum employment, alongside stable inflation, are influencing the Fed’s cautious approach to further cuts through 2025.
The federal funds rate is expected to reach 4.5 per cent by year-end, and 3.0 per cent by mid-2026.
Rising unemployment and a focus on maximum employment, alongside stable inflation, are influencing the Fed’s cautious approach to further cuts through 2025.
