Hong Hao: The Fed may cut interest rates next year by 75 basis points or even higher

2023-12-14 04:41:43

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China Business News 2023-12-14 12:43:19 listen to news

Editor: Hao Yunying

Does the Fed’s interest rate decision mean a policy shift, and what are the forecasts for next year’s interest rate cut? Hong Hao, chief economist of Sirui Group, believes that the Fed’s interest rate cut next year may be 75 basis points or even higher.

Hong Hao: The Fed may cut interest rates next year by 75 basis points or even higher

Does the Fed’s interest rate decision mean a policy shift, and what are the forecasts for next year’s interest rate cut? Hong Hao, chief economist of Sirui Group, believes that the Fed’s interest rate cut next year may be 75 basis points or even higher.

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