Next Week Outlook by FX168: Fed to Cut Rates Again and Central Bank of England Takes It Easy...

GoldenOctober2024 · 2024-12-13T02:58:07+00:00

1. The Federal Reserve may cut Interest Rate for the third consecutive time in December, but may discuss pausing adjustments next year. Among the economists surveyed by institutions, 90% believe that the Federal Reserve will cut Interest Rate by 25 basis points in December, and most economists expect the Federal Reserve to pause the rate cut at the end of January's policy meeting due to concerns about rising inflation risks. 2. The Bank of England is expected to keep the Interest Rate unchanged at 4.75%, continuing to move slowly on the central bank's lane, with a slower rate cut pace than the European Central Bank and the Federal Reserve. The Bank of England has only cut the Interest Rate twice in 2024, making the pound the only G10 currency that has not depreciated against the US dollar Exchange Rate in 2024. 3. Insiders say the Bank of Japan is inclined to maintain a stable Interest Rate next week. Bank of Japan officials believe that there is almost no cost to waiting for the next rate hike, while remaining open to raising rates in December. 4. The Central Bank of Russia may raise rates by another 200 basis points, as the ruble fell 15% against the US dollar in November due to new US financial sanctions. Central Bank Governor Nabiullina said that there may be another rate hike on December 20, but it is not predetermined. 5. The Deputy Governor of the Central Bank of Sweden expects rate cuts in December and the first half of 2025. The Bank of Thailand said that last month's rate cut does not mark the beginning of an easing cycle. The board of the Central Bank of Mexico expects that easing inflation could pave the way for further rate cuts, but warns against being too hasty. 6. Analysts believe that the possibility of a rate cut by the Central Bank of Indonesia in December is very low, expecting the Central Bank of Norway to keep the Interest Rate unchanged at 4.50%, and the Central Bank of the Philippines to cut rates by 25 basis points to 5.75%.

GoldenOctober2024

2024-12-13 02:58:07

The Federal Reserve may cut Interest Rate for the third consecutive time in December, but may discuss pausing adjustments next year. Among the economists surveyed by institutions, 90% believe that the Federal Reserve will cut Interest Rate by 25 basis points in December, and most economists expect the Federal Reserve to pause the rate cut at the end of January's policy meeting due to concerns about rising inflation risks. 2. The Bank of England is expected to keep the Interest Rate unchanged at 4.75%, continuing to move slowly on the central bank's lane, with a slower rate cut pace than the European Central Bank and the Federal Reserve. The Bank of England has only cut the Interest Rate twice in 2024, making the pound the only G10 currency that has not depreciated against the US dollar Exchange Rate in 2024. 3. Insiders say the Bank of Japan is inclined to maintain a stable Interest Rate next week. Bank of Japan officials believe that there is almost no cost to waiting for the next rate hike, while remaining open to raising rates in December. 4. The Central Bank of Russia may raise rates by another 200 basis points, as the ruble fell 15% against the US dollar in November due to new US financial sanctions. Central Bank Governor Nabiullina said that there may be another rate hike on December 20, but it is not predetermined. 5. The Deputy Governor of the Central Bank of Sweden expects rate cuts in December and the first half of 2025. The Bank of Thailand said that last month's rate cut does not mark the beginning of an easing cycle. The board of the Central Bank of Mexico expects that easing inflation could pave the way for further rate cuts, but warns against being too hasty. 6. Analysts believe that the possibility of a rate cut by the Central Bank of Indonesia in December is very low, expecting the Central Bank of Norway to keep the Interest Rate unchanged at 4.50%, and the Central Bank of the Philippines to cut rates by 25 basis points to 5.75%.

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DaguanXinchen

· 2024-12-13 03:18

Seize the trend and make crazy profits in 2024! 💸

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