Institution: Federal Reserve Expected to Hold Interest Rates Steady Through 2025

BlockBeats News, March 17th, Lazard's Chief Market Strategist Temple said that due to inflation risks, Lazard still expects the Fed to not cut interest rates until 2025. He stated that Lazard's view is significantly different from market consensus, as the market generally believes there could be three rate cuts this year.

Temple said, "My view is at odds with the consensus because I anticipate that by 2025, U.S. tariffs will expand in scope and scale, driving up inflation." He said that a reacceleration of inflation does not necessarily lead to rate hikes, but rising price pressures may prevent the Fed from easing policy in the face of rising unemployment. (FXStreet)