Morgan Stanley: The Federal Reserve is expected to cut interest rates twice in 2025 by 25 basis points each, compared to the previous forecast of three 25 basis point cuts.
Barclays said it expected the Federal Reserve to cut interest rates just two times in 2025, by 25 basis points each, compared with a previous forecast of three cuts. The Bank of England is expected to leave rates unchanged at its December meeting, compared with a previous forecast of a rate cut.
European Central Bank Governing Council Stournaras: Two more rate cuts this year seem reasonable. Recent data strengthen the case for further rate cuts.