Fed to cut interest rates at a quarterly pace after December – JP Morgan

Well, that’s some contrast to the call by Nomura here which forecasts the Fed to cut by just once in 2025. But I guess the wide range of differing views highlights the uncertain nature of the Fed outlook now that Trump is president. As for markets, traders are pricing in ~89 bps of rate cuts by June next year at least.

This article was written by Justin Low at www.forexlive.com.