The Zhitong Finance App learned that Pantheon Macroeconomics predicts that the Federal Open Market Committee (FOMC) will shift to large-scale policy easing next year, lowering the federal funds rate from the current target range of 3.75%-4.00% to 3.125% at the end of the year. Even raising interest rates by another 25 basis points within this year is a near-term risk, as soaring energy costs are driving up core commodity prices.

The Zhitong Finance App learned that Pantheon Macroeconomics predicts that the Federal Open Market Committee (FOMC) will shift to large-scale policy easing next year, lowering the federal funds rate from the current target range of 3.75%-4.00% to 3.125% at the end of the year. Even raising interest rates by another 25 basis points within this year is a near-term risk, as soaring energy costs are driving up core commodity prices.