Rate Cut Optimism Creates Market’s Complacent
The financial market believes the Federal Reserve will cut its rate as soon as next May. But, the risks are still there.
Yopie Hidayat
December 4, 2023
THE Federal Reserve is poised to cut interest rates more quickly. This is the prevailing consensus in financial markets at the moment. Positive sentiment is everywhere. Many analysts believe that the United States economy will not fall into recession, but will enter a soft-landing scenario, cooling and gradually slowing. Inflation is expected to decline, giving the Fed sufficient reasons to start cutting interest rates.
This sentiment has i
...