External broker reports, Nordea

Nordea

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External broker reports

External broker reports(aggregated public sources)

Macroeconomics

<ul><li>The Federal Reserve kept interest rates unchanged yesterday, maintaining the target range at 4.25–4.50%, and signaled that it is not in a hurry to adjust rates.</li><li>Updated forecasts still show a median policy rate of 3.9% for 2025 (implying 2 rate cuts), while 2026 and 2027 projections were revised upwards, suggesting a more gradual path of rate cuts compared to the March projections.</li><li>30bp of cuts were penciled for 2026 and 20bp for 2027.</li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

The Federal Reserve kept interest rates unchanged yesterday, maintaining the target range at 4.25–4.50%, and signaled that it is not in a hurry to adjust rates.Updated forecasts still show a median policy rate of 3.9% for 2025 (implying 2 rate cuts), while 2026 and 2027 projections were revised upwards, suggesting a more gradual path of rate cuts compared to the March projections.30bp of cuts were penciled for 2026 and 20bp for 2027.Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

FOMC Review: Still “wait and see” approach

United States

FOMC Review: Still “wait and see” approach