明天老包会暗示削减利率？

[redbeanus]

明天老包会暗示削减利率？

[Nimitz]

Could the Fed feel pressure to cut rates in step with Canada and Europe?

"Publicly the Fed has to say there's no pressure but privately, it might be a consideration," Bittel said, noting businesses may head abroad to borrow at a cheaper rate. Last week, the European Central Bank and Bank of Canada each lowered their key rates by a quarter point.

But to safeguard consumer purchasing power, the Fed needs to stay focused on lowering inflation, experts say.

"The average person is going through hell," Lynd said. "Inflation is ravaging the consumer. They're out of money, used up their credit cards, borrowing from mom and dad. There's not a lot left with inflation not going down."

Minneapolis Fed President Kasharki says consumers “viscerally hate high inflation” and prefer recession over inflation. "High inflation affects everybody. There’s no one I can lean on for help because everyone in my network is experiencing the same thing I’m experiencing."

And there's still a risk that high inflation could persist. "The economy has repeatedly surprised to the upside since the Fed stopped hiking and began forecasting cuts," said Steven Ricchiuto, U.S. chief economist at Mizuho Securities USA.