🚀 Federal Reserve Considers Interest Rate Cuts Amid Stable Bond Yields
#FederalReserve #InterestRateCuts #Waller #US10YearTreasury #USTenYearYield #InflationTarget #Inflation #TwoPercent #SixMonths #LaborMarket #FOMC #MonetaryPolicy
According to BlockBeats, Federal Reserve Governor Waller has expressed support for interest rate cuts at the upcoming meeting. The yield on the U.S. 10-year Treasury bond has remained stable.
Waller indicated that multiple rate cuts might be necessary, whether at consecutive meetings or alternating ones, depending on economic data. He emphasized that there is no need to adhere to a fixed sequence for rate reductions.
The goal is to prevent a downturn in the labor market. Waller acknowledged the likelihood of a minor inflation fluctuation but assured that it would not be permanent, predicting that inflation would approach the 2% target within six months.#FederalReserve #InterestRateCuts #Waller #US10YearTreasury #USTenYearYield #InflationTarget #Inflation #TwoPercent #SixMonths #LaborMarket #FOMC #MonetaryPolicy
🚀 ECB's Potential December Rate Cut Hinges on Economic Conditions
#ECB #December #RateCut #LaborMarket #Inflation #EnergyPrices #Euro #PolicyRate #DepositRate #TerminalDepositRate #Natixis #Analysts #Probability #SixtyPercent #OnePointSeventyFive #TwoPercent
According to BlockBeats, analysts Alain Durre and Hadrien Camatte from Natixis have indicated in a report that the European Central Bank (ECB) might proceed with a final 25 basis point rate cut in December. This decision is contingent upon a more significant slowdown in the labor market than anticipated, alongside inflation falling substantially below target due to declining energy prices and further appreciation of the euro. The analysts estimate a 60% probability of the ECB implementing this rate cut during its December meeting, which would set the terminal deposit rate at 1.75%. It is expected that the ECB will maintain its policy rate unchanged at its upcoming Thursday meeting, with the deposit rate remaining at 2.00%.#ECB #December #RateCut #LaborMarket #Inflation #EnergyPrices #Euro #PolicyRate #DepositRate #TerminalDepositRate #Natixis #Analysts #Probability #SixtyPercent #OnePointSeventyFive #TwoPercent