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<Research>CMBI Keeps Forecast for Fed Rate Cut in Sep w/ Another Cut in Nov or Dec
Changes in the Fed's decision statement were minimal, with the decision to keep policy rates unchanged meeting expectations, CMBI released a research report saying. The broker ...
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<Research>CMBI Keeps Forecast for Fed Rate Cut in Sep w/ Another Cut in Nov or Dec
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Changes in the Fed's decision statement were minimal, with the decision to keep policy rates unchanged meeting expectations, CMBI released a research report saying. The broker believed that economic uncertainty slightly decreased but remained high.

CMBI maintained its forecast for the Fed to start cutting rates in September, with another cut in November or December. From June to August, inflation may rebound in the short term due to oil price recovery and tariff transmission.

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After September, as demand slows more noticeably, the economy and employment may weaken further, and inflation may peak and fall. Long-term government bond yields may toss, with the 10-year treasury yield dropping to around 4.2% by the end of the year.

Economic slowdown will dent yields, but government debt issues and US President Donald Trump's policy instability will limit the downside.

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