Economist: The Fed Will Cut Interest Rates Twice This Year, Timing Will Be in the Second Half

BlockBeats News, April 29th, London Royal Asset Management Senior Economist Melanie Baker stated in a report that she still expects the Federal Reserve to cut interest rates twice in 2025, but not before the second half of the year, when the economy is expected to show clearer signs of slowing down.

She pointed out that the risk of a recession has increased, and the global and U.S. economic outlook has deteriorated. However, she is currently in the "economic slowdown" camp rather than the "economic recession" camp because of the temporary suspension of tariff escalation and signs that Trump is responding to market pressures. (FXStreet)