Link Securities | According to a survey of economists conducted by Reuters, the Federal Reserve (Fed) will cut its key interest rate by 25 basis points next week and do so again in December. A month ago, economists expected only one more cut this year. But the new forecast follows a recent shift in the expectations of Fed monetary policy makers, which now point to additional reductions. In this regard,…

Bankinter | The Fed meets expectations and keeps benchmark interest rates (Fed Funds) at 4.25%/4.50%. The decision was not unanimous, as two governors (Waller and Bowman) voted in favour of cutting rates by 25 basis points. A third governor was absent and did not vote (Kugler). This is the first meeting since 1993 with two dissenting votes. Bankinter analysis team’s view: The decision to keep rates unchanged makes sense in…

Norbolsa | The policy proposals of the new Trump administration were causing inflationary concerns within the US monetary authority, as reflected in the minutes of its last meeting in January. In these, the attendees reflected the main risk of the scenario as the possibility of inflation picking up and not the concern that the labour market would lose strength, expressly citing the potential effects of trade and immigration policies, the…