America Forecasts News Today

In an exclusive interview with the Financial Times, a senior Federal Reserve official has sounded a note of caution, warning that financial market...

Senior Fed official cautions markets may be anticipating too early rate cuts. Fed's December 'dot plot' indicated median preference for federal funds rate at 4.6%, implying reduction of 75 basis points. Market sentiment leans towards rate cuts, but Fed Chair Powell acknowledged possibility of rate reductions.