The Fed could cut rates five times in 2025, according to S&P Global Ratings' global chief economist.
A slowing US economy will give the Fed the green light to cut, the firm predicted.
That implies the Fed will lower rates by 2 full percentage points as inflation continues to cool.
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AdvertisementThe Fed could cut rates as many as five times next year, as the US economy can't keep its hot pace of growth forever, according to Paul Gruenwald, S&P Global Ratings' global chief economist.
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—, Paul Gruenwald, Gruenwald
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