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    HomeNewsOpinionFed rate cut almost a certainty this week, but next year is a different story

    Fed rate cut almost a certainty this week, but next year is a different story

    While a 25-basis point cut is priced in for the FOMC meeting this week, the markets are expecting a shallower easing trajectory next year and higher level of rates at the end of the loosening cycle

    Manas Chakravarty
    December 16, 2024 / 10:27 IST
    The US economy shows no signs of slowing down, so there’s no pressing need for a rate cut
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