S&P Global Predicts Up To 5 Fed Rate Cuts By 2025 As US Economy Slows

The Fed could cut rates 5 times in 2025 as the US economy is expected to slow down, according to S&P Global Ratings' chief economist
S&P Global forecasts the Fed will cut rates 3 times in 2024 and up to 5 times in 2025, lowering rates a total of 2 percentage points
The firm predicts US economic growth will slow in the second half of 2024, giving the Fed room to start cutting rates
If unemployment rises sharply, the Fed may cut rates even more aggressively than currently expected
Other forecasters disagree, warning that rates may stay higher for longer if inflation remains stubbornly high