Possible interest rate cuts looming on the horizon
<img width="250" height="168" src="https://www.leaprate.com/wp-content/uploads/2024/01/FIN-LP-Possible-interest-rate-cuts-looming-on-the-horizon-5948322002-iStock-1480024602-250×168.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2024/01/FIN-LP-Possible-interest-rate-cuts-looming-on-the-horizon-5948322002-iStock-1480024602-250×168.jpg 250w, https://www.leaprate.com/wp-content/uploads/2024/01/FIN-LP-Possible-interest-rate-cuts-looming-on-the-horizon-5948322002-iStock-1480024602-700×470.jpg 700w, https://www.leaprate.com/wp-content/uploads/2024/01/FIN-LP-Possible-interest-rate-cuts-looming-on-the-horizon-5948322002-iStock-1480024602-768×515.jpg 768w, https://www.leaprate.com/wp-content/uploads/2024/01/FIN-LP-Possible-interest-rate-cuts-looming-on-the-horizon-5948322002-iStock-1480024602-120×81.jpg 120w, https://www.leaprate.com/wp-content/uploads/2024/01/FIN-LP-Possible-interest-rate-cuts-looming-on-the-horizon-5948322002-iStock-1480024602-245×164.jpg 245w, https://www.leaprate.com/wp-content/uploads/2024/01/FIN-LP-Possible-interest-rate-cuts-looming-on-the-horizon-5948322002-iStock-1480024602-500×336.jpg 500w, https://www.leaprate.com/wp-content/uploads/2024/01/FIN-LP-Possible-interest-rate-cuts-looming-on-the-horizon-5948322002-iStock-1480024602.jpg 1250w" sizes="(max-width: 250px) 100vw, 250px" /><p><span data-contrast="auto"><a href="https://www.leaprate.com/forex/institutional/bloomberg-marketaxess-and-tradeweb-partner-to-provide-trade-data-in-eu/" target="_blank" rel="noopener">Bloomberg</a> reports inflation dipped below the 3% mark for the first time since 2021. On the back of a 2.9% inflation rate, consumer spending remains high, but there are concerns that this inflation margin will escalate prices again.</span><span data-ccp-props="{"134233117":false,"134233118":false,"201341983":0,"335559738":0,"335559739":192,"335559740":240}"> </span></p>
<p><span data-contrast="auto">Despite this optimism, economists warned the monthly US jobs report, job openings and consumer data, and the quarterly employment cost index could either stay or sway the Fed’s interest rate decision. Bloomberg Economics said:</span><span data-ccp-props="{"134233117":false,"134233118":false,"201341983":0,"335559738":0,"335559739":192,"335559740":240}"> </span></p>
<blockquote><p><span data-contrast="auto">The stage is set for the Fed to take steps toward cutting rates in coming months. We expect the Fed to begin lowering the federal funds rate target range in March as it attempts to stick a soft landing.</span><span data-ccp-props="{"134233117":false,"134233118":false,"201341983":0,"335559738":0,"335559739":192,"335559740":240}"> </span></p></blockquote>
<p><span data-contrast="auto">Statistics plot a flatlined gross domestic product (GDP) growth in Canada. Central banks in the UK and Sweden seem set to keep interest rates unchanged, while three national banks in Latin America are expected to cut theirs.</span><span data-ccp-props="{"134233117":false,"134233118":false,"201341983":0,"335559738":0,"335559739":192,"335559740":240}"> </span></p>
<hr />
<p><a href="https://finaffiliates.us20.list-manage.com/subscribe/post?u=e0dd4d77c259eb270712a4eeb&id=fd200b8f75&v_id=4291&f_id=00946ce6f0" target="_blank" rel="noreferrer noopener"><span lang="EN-GB" xml:lang="EN-GB" data-contrast="none"><span data-ccp-char>Don’t miss out the latest news, subscribe to </span><span data-ccp-char>LeapRate’s</span><span data-ccp-char> newsletter</span></span></a><span data-ccp-props="{"201341983":0,"335559739":160,"335559740":259}"> </span></p>
<hr />
<p><span data-contrast="auto">The International Monetary Fund (IMF) will publish fresh forecasts on Tuesday, 30 January. Along with the other information in this report, investors will also look at euro-zone inflation, GDP statistics, and Chinese surveys.</span><span data-ccp-props="{"134233117":false,"134233118":false,"201341983":0,"335559738":0,"335559739":192,"335559740":240}"> </span></p>
<p><span data-contrast="auto">Since September last year, China’s manufacturing and service sectors have fallen short. This country publishes its purchasing manager indexes on Wednesday, which will also swing the needle on investor compasses.</span><span data-ccp-props="{"134233117":false,"134233118":false,"201341983":0,"335559738":0,"335559739":192,"335559740":240}"> </span></p>
<p>The post <a rel="nofollow" href="https://www.leaprate.com/forex/market-news/possible-interest-rate-cuts-looming-on-the-horizon/">Possible interest rate cuts looming on the horizon</a> appeared first on <a rel="nofollow" href="https://www.leaprate.com">LeapRate</a>.</p>
Leave a Comment