Agencies: Wall Street expects Federal Reserve to take "hawkish rate cuts"
2025-12-10 18:02:36
The Fed is expected to cut its base rate at this week's meeting, but this time the rate cut may be "hawkish". What does this mean? For JPMorgan traders, there are two things to touch on: one is the dot plot showing that the Fed expects to cut rates only once next year; the other is that Fed Chairperson Jerome Powell pointed out that inflation concerns remain and has not committed to subsequent rate cuts.
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