The Fed is expected to cut interest rates by 25 basis points each in 2026
2025-12-18 14:08:37
ICBC Capital Markets economist Andrew Grantham said the latest U.S. CPI data supports the bank's adjustment to the Federal Reserve's policy forecast. Following the release of non-farm payrolls data earlier this week, ICBC has added interest rate cut expectations to its 2026 outlook, which is expected to cut rates by 25 basis points each in the first and second quarters.
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