Deutsche Bank Asset Management: Fed Rate Cut Under Trump Administration Will Not Be That Aggressive

2024-11-19 20:05

BlockBeats News, November 19th - Asset management company DWS Group stated in its 2025 Outlook that the U.S. economic growth will remain strong next year, although the pace will slow compared to 2024.


The company expects the U.S. GDP growth rate to decrease from the anticipated 2.7% in 2024 to 2.0% in 2025. This asset management company also predicts that by December 2025, the Federal Reserve will cut interest rates three times.


DWS Group said: "It is expected that under the leadership of the new government, the Federal Reserve's rate-cutting measures will not be as aggressive." (FX678)

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