Expectations for Federal Reserve interest rate cuts in 2024 range from 0 to 125bp ...Middle East

This info from Fed watcher Nick Timiraos at the Wall Street Journal. I'm not sure how much credence to give it as the survey was as of 30 April. I know BoA have no change in forecast:Bank of America still forecasting a December Federal Open Market Committee (FOMC) rate cutBut for analysts at, say Morgan Stanley for example (and MUFG!), they'll have to revise the -75bp (-125 for MUFG)call I would think?I'm liking that Soc Gen call! Jeffries too of course. This article was written by Eamonn Sheridan at www.forexlive.com.

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