09:52
BNY Mellon: The Fed Will Deliver a Hawkish Rate Cut This Week, Dot Plot Reveals Policy Divergence
Analysts at BNY Mellon pointed out that the market has already priced in expectations for a Fed rate cut this month, which is anticipated to be a hawkish cut. Future monetary easing will depend on economic data from 2026. At the same time, the change in Fed chairmanship and the FOMC dot plot could lead to policy divergence, reflecting two-way economic risks.
