Analyses et prévisions de marché

Recevez les dernières nouvelles économiques de ForexMart, y compris les mises à jour des marchés financiers, les actions de la Banque centrale, les performances financières et d'autres nouvelles pertinentes qui pourraient avoir un impact sur l'industrie.

Déni de responsabilité:  ForexMart ne donne pas de conseils d'investissement. Les analyses fournies ne peuvent pas être interprétées comme une promesse de résultats futurs.

Expectations of a Fed rate cut in June are weakening


Avril, 11 2024
watermark Economic news

The higher-than-expected US consumer inflation report for March caused expectations of a Fed rate cut to weaken. Now its decline in June looks increasingly unlikely.


The consumer price index rose by 3.5% y/y last month, exceeding the February figure of 3.2% and the expected 3.4%. The annual benchmark, excluding volatile items such as food and fuel, remained at 3.8%, despite expectations of a decline.


These high figures forced the futures market to revise the forecast for a 40 basis point rate cut this year, while at the beginning of the year a 150 bps cut was expected. Goldman Sachs analysts also postponed the forecast for the first rate cut from June to July. They also forecast a quarterly rate cut in 2024, starting in July and ending in November.


UBS is even more pessimistic: now the bank expects the first rate cut in September, abandoning the June scenario.


Producer prices in the United States will be published later in the session, which will help market participants get a clearer picture of March inflation. The underlying annual rate is expected to grow by 2.2%, while the monthly rate will increase by 0.3%.


Laissez un commentaire

ForexMart is authorized and regulated in various jurisdictions.

(Reg No.23071, IBC 2015) with a registered office at Shamrock Lodge, Murray Road, Kingstown, Saint Vincent and the Grenadines

Restricted Regions: the United States of America, North Korea, Sudan, Syria and some other regions.


© 2015-2024 Tradomart SV Ltd.
Top Top
Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.