Analyst for HSBC weighs in on the outlook for Fed interest rates

Analyst for HSBC weighs in on the outlook for Fed interest rates Analysts at HSBC have predicted that the Federal Reserve will opt to cut interest rates once again at its meeting in December, before keeping borrowing costs on hold over the next two years. In a note, strategists at the bank flagged that while there are “pockets of inflationary pressure” in the U.S., slower…