by: xpoolPosted on:

Danske Bank Delays Fed Rate Cut Prediction Due to Easing Recession Risk

Danske Bank’s analysts have revised their forecast for the Federal Reserve’s interest rate cuts, anticipating a delay in the next move from June to September. This adjustment is attributed to the easing of recession risks, driven by recent tariff changes and a more favorable economic landscape. The bank now projects the first rate cut to occur in September 2024, a quarter later than previously anticipated.

Related posts:

  1. Market Sees Big Fed Rate Cuts as Recession Fears Rise
  2. U.S. Short-Term Interest Rate Futures Climb as Fed Rate Cut Bets Rise
  3. FedWatch Data Predicts 33% Chance of Rate Cut in May
  4. Goldman Sachs Shifts Fed Rate Cut Forecast, Anticipating Earlier Easing