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Moody's Announced Its Forecast on FED's Future Rate Decisions: Is There a Discount This Year?

Credit rating agency Moody's announced in its latest report its forecasts for the US interest rate policy.

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Moody's, one of the leading global credit rating agencies, stated in its latest report that the easing of inflation in the USA may allow the FED to pause interest rate hikes in the coming months.

Moody's Doesn't Wait For The FED To Cut Rates Until Early 2024

Moody's expects the Fed to maintain its restrictive monetary policy stance until the end of the year, but believes it is unlikely to lower the fed funds rate until early next year, the report said.

"We expect energy, food and goods inflation (including vehicle prices) to continue its downward trend, reflecting the reduction in supply disruptions and base effects due to the pandemic," the report said.

With this report, Moody's announced that it does not expect a rate cut until the beginning of 2024. A short time ago, FED official Williams also announced that they do not plan to cut interest rates and that they can increase interest rates if necessary.

Moody's is a global company that provides credit ratings, research and data for the capital markets. Moody's has two main divisions: Moody's Investors Service, which provides credit ratings and analysis for debt obligations and their issuing entities, and Moody's Analytics, which provides economic research, data and analytical tools for risk management and decision making.

*Not investment advice.

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