9 of 19 U.S. Fed officials "expect two additional interest rate cuts this year"

Source
JH Kim

Summary

  • Nine of the 19 U.S. Fed officials were reported to expect two additional interest rate cuts this year.
  • Two officials said one cut, and six said there would be no additional cuts.
  • Some officials did not disclose specific positions.

On the 17th (local time), according to breaking economic news channel Walter Bloomberg, 9 of the 19 members of the U.S. Federal Reserve (Fed) expected interest rates to be cut twice more this year.

Along with this, 2 said they expected one cut, and 6 said there would be no additional cuts. The remaining officials did not state specific positions.

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JH Kim

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