USD

Technology

Last mentioned: 4d ago

Timeline

  1. Danske Bank Forecast

    Projected window for the first pivotal rate reduction and USD shift.

  2. Goolsbee Signal

    Chicago Fed President hints at multiple cuts if 2% target is in sight.

  3. Restrictive Peak

    Fed maintains high rates to combat stubborn inflation figures.

Stories mentioning USD 1

policy Bullish

Fed’s Goolsbee Signals Multiple 2025 Rate Cuts Amid Inflation Progress

Chicago Fed President Austan Goolsbee has signaled that 'several' interest rate cuts could be implemented in 2025 if inflation continues its descent toward the 2% target. While the outlook is optimistic, financial institutions like Danske Bank suggest a potential delay in the easing cycle until summer 2025.

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