JPMorgan Analysts Reveal Their Forecast for Next Week’s FED Interest Rate Decision – What Will Powell Say?

JPMorgan Chase US chief economist Michael Feroli said he expects the Fed to cut interest rates by 25 basis points next ￰0￱ noted that some members wanted a larger rate cut, but none favored leaving rates ￰1￱ also noted that the Fed's dot plot projections are expected to project another rate cut after 2025. Meanwhile, the probability of a US government shutdown this year has risen to 54%, the highest in months, according to data from prediction market ￰2￱ Majority Leader Chuck Schumer has warned that Democrats are prepared to deplete government funds if Republicans refuse to accept demands for health care ￰3￱ News: Billionaire Mike Novogratz's Surprising Announcement: “We've Entered the Solana Season” Meanwhile, TD Securities strategists argued in a note that the dollar could appreciate in the short term if the Fed cuts interest rates by 25 basis points but delivers cautious forward-looking ￰4￱ strategists noted that markets are pricing in successive rate cuts, but the Fed could limit these expectations by highlighting inflation ￰5￱ was noted that Fed Chair Jerome Powell is likely to emphasize that the rate cuts are not tied to a predetermined path and that data will be closely monitored. *This is not investment ￰6￱ Reading: JPMorgan Analysts Reveal Their Forecast for Next Week’s FED Interest Rate Decision – What Will Powell Say?