Federal Reserve (Interest Rates)

전망 요약

Rate cut expectations for the first quarter of 2025 are effectively dead due to resilient GDP and stable, though cooling, labor data.

주요 포인트

• The market is now only pricing in a 5% chance of a January rate cut and 28% for March.
• Atlanta Fed real GDP is currently at a high 5.4%, reducing the urgency for the Fed to cut rates.
• Meaningful rate cuts may not occur until a new Fed chair is in place around June.