SMM Steel Market Brief: US Fed Cuts Rate by 25BP, Slows Down Future Cuts Amid Higher Inflation Outlook
게시됨: Dec 20, 2024 07:40
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[SMM Steel Market Morning Brief: December Meeting Cuts Interest Rate by 25BP as Expected, US Fed May Slow Down Rate Cuts] The US Fed cut the interest rate by 25BP to 4.25-4.50%. The Fed's expectation for interest rate cuts in 2025 was lowered from the guidance of four cuts in September to two cuts, based on three arguments: higher inflation, stronger economy, and closer proximity to the neutral rate.
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