Economists: Expect the Federal Reserve to cut interest rates by another 75 basis points next year

ChainCatcher news, Kathy Bostjancic, Chief Economist of Nationwide Insurance, stated that the focus for next year will be Trump. Based on our forecasts for potential anti-inflation trends (especially in the service sector), the Federal Reserve is expected to cut interest rates by another 75 basis points next year.

"However, depending on the extent of tariff increases and specific import targets, overall inflation may be higher than our baseline forecast, which could lead to the Federal Reserve's rate cuts being less than we expect." (Jin Shi)