Fed will cut rates less than expected, just 75 points in 2024 - Breaking news. This is what emerges from the trend of swaps which, over the months, indicated an overall cut of up to 100 basis points.
The hypothesis of a cut in March is now over and the most popular hypothesis is June or July. The revision of expectations is linked to the performance of the economy and inflation which, although slowing, continues to remain high. The Fed is expected to cut interest rates by only 75 basis points this year.