{"id":135837,"date":"2024-08-20T11:30:41","date_gmt":"2024-08-20T08:30:41","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135837"},"modified":"2024-08-20T01:35:46","modified_gmt":"2024-08-19T22:35:46","slug":"will-jerome-powell-hint-at-major-rate-cuts-this-friday","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/will-jerome-powell-hint-at-major-rate-cuts-this-friday\/","title":{"rendered":"Will Jerome Powell Hint at Major Rate Cuts This Friday?"},"content":{"rendered":"

Analysts at Evercore ISI predict<\/a> <\/strong>that Powell will adopt a flexible stance regarding future interest rate cuts.<\/p>\n

In their latest analysis, Evercore ISI suggests that Powell\u2019s speech is likely to offer insights into the Federal Reserve\u2019s potential approach to lowering rates. They anticipate that Powell will signal a readiness to implement significant rate reductions if economic conditions warrant such action.<\/p>\n

The analysts foresee Powell reassuring the market by indicating that substantial cuts, potentially up to 50 basis points, could be on the table. However, they expect the Fed to primarily consider smaller, gradual cuts of 25 basis points. The criteria for making larger cuts are not expected to be very stringent.<\/p>\n