Institution: The market pricing of the Federal Reserve's interest rate cut seems reasonable

Odaily Planet Daily News: Noah Wise, Senior Portfolio Manager at Allspring Global Investments, stated that market expectations for the Federal Reserve to cut interest rates three to four times by 2025 and five to six times by July 2026 are reasonable. It's not because this is our expectation, but because it strikes a delicate balance between two completely different but very likely scenarios. In the first scenario, high inflation rates and the economy avoiding recession mean that the Federal Reserve will cut interest rates at a slower pace than the market currently expects. Another scenario is that the economy is in decline, inflation is decreasing, and there may be five to six interest rate cuts by the end of 2025, and eight or more interest rate cuts by July 2026, depending on the severity of the economic recession. (Golden Ten)