Deutsche Bank: The Federal Reserve is not in a hurry to cut interest rates further

GateNewsBot

2026-01-29 08:28:46

ChainCatcher reports that, according to Jinshi, German Commercial Bank economist Christoph Balz stated in a report that given the current favorable economic and labor market conditions, the Federal Reserve is unlikely to rush into further rate cuts. Although job growth remains weak, signs of stabilization in the unemployment rate indicate that monetary policy is no longer restrictive, and the current interest rate level is closer to the upper end of the neutral rate range. Balz said that Powell might end his term as chairman in May, and the Federal Reserve may not decide to cut rates again during this period.

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