Economic growth is difficult to predict at this moment
When examining the forecasts of various Federal Reserve members regarding expected economic growth and interest rates through the end of next year, it becomes clear that opinions diverge significantly. A part advocates for swift and substantial rate cuts to support the economy, while another prefers to raise rates or, at the very least, reduce them only marginally. Similar divergences, albeit to a slightly lesser extent, are also observed within the ECB.
For financial markets, it is crucial to understand the direction of policy...
