The biggest turning point in the market at the end of 12 was the FOMC.Developments were tumultuous.It happened. The FRB delivered a surprise of a hawkish "rate cut" to the market, not a "Christmas present".
The FOMC on December 17-18implemented a 0.25% rate cut as expected by the market. However,Number of expected rate cuts in 2025From the previous estimates,halved for the second time,as U.S. financial officials announced a more gradual rate cut than previously.suggesting a slowdown in rate cuts).市場コンセンサスは3回, Shift to a 'hawkish' stance by the Federal ReserveFollowing that, the S&P 500 Index and the Nasdaq 100 Index fell from their highs.
This time,Background on the Federal Reserve's "hawkish" shiftmust first be examined, Exploring the outlook for US policy interest rates in 2025 and its impact on the stock market.To investigate.
FRB's 'hawkish' shift and its background
Shift to a 'hawkish' stance by the Federal Reserve
December 2024 FOMC (Federal Open Market Committee)(Federal Open Market Committee) is lowering the US policy interest rateFF rate by 0.25%ると発表した。市場予想通りの結果となったが、想定外だったのは、2025年に見込む利下げ回数が9月の4回から2回に減少したこ...