[비즈니스포스트] The prevailing opinion among experts is that it is nothing but a ‘foolish judgment’ to have expectations that the U.S. Federal Reserve System (Fed) will lower the benchmark interest rate in the near future.
Since it is difficult to predict when an environment will be created for the Federal Reserve to pursue interest rate cuts due to easing inflation, one should not be overly optimistic about the U.S. stock market.
▲ The prevailing expert opinion appears to be that it is unlikely that the U.S. Federal Reserve will begin cutting interest rates any time soon. The U.S. Federal Reserve building.
Bloomberg reported on the 22nd, “A survey showed that investing with expectations of the possibility of an early U.S. interest rate cut this year is the most foolish thing to do.”
As a result of a Bloomberg survey of 440 experts conducted from the 15th to the 19th, 66.4% of respondents answered that the expectation that the Federal Reserve will soon lower interest rates is the most unwise decision.
20.5% of respondents believed that expecting a decline in the value of the US dollar, and 13.2% believed that expecting a decline in crude oil prices was the most foolish investment strategy.
This means that the majority of financial market experts believe that it is unlikely that the Federal Reserve will pursue a rate cut in the near future.
Bloomberg said that the forecast that the Federal Reserve will begin cutting interest rates as early as March is currently reflected in the stock market, and that it may be difficult for such a scenario to become a reality.
It is still difficult to find evidence that US inflation will fall to the Fed’s target of 2% and monetary policy easing will begin in earnest.
Bloomberg reported, “Investors’ optimism, which led to the rise of the stock market until the end of last year, now appears to be a signal foreshadowing a decline in the stock market,” adding, “This is because the optimistic atmosphere has spread too hastily.” Reporter Kim Yong-won
2024-01-22 07:54:55
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