ING Bank Forecasts Fed to Keep Rates Unchanged Through Mid-2027

ING1.76%
According to ING Bank's global economic outlook report released on July 9, the Dutch lender forecasts the Federal Reserve will maintain interest rates at current levels through mid-2027 and begin a gradual easing cycle in the second half of 2027. ING noted that market expectations for rate hikes have become excessive following last month's hawkish stance by the Federal Open Market Committee (FOMC), despite the Federal Reserve's warnings. The bank cited moderating shelter inflation and cooling labor market pressures as reasons supporting its base case scenario of rate hold through mid-next year.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments