The Fed is likely to 'go on hold' with rate cuts after June 2025, says Comerica Bank's Bill Adams
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Comerica Bank's chief economist, Bill Adams, suggests that the Federal Reserve is likely to pause rate cuts after June 2025. This insight was shared during a discussion on CNBC's 'The Exchange' alongside Matt McLennan from First Eagle.
December 12, 2024 | 8:00 pm
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Comerica Bank's chief economist, Bill Adams, predicts that the Federal Reserve will likely pause rate cuts after June 2025. This could impact Comerica's interest rate-sensitive operations and financial strategies.
The prediction by Comerica's chief economist about the Fed's rate cut pause is significant for Comerica as it may influence their interest rate-sensitive operations. However, the impact is neutral in the short term as the pause is expected after June 2025.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80