Economists at the Japanese financial holding company Nomura believe that the US Federal Reserve may lower the rate at the March meeting next week and suspend the quantitative tightening program. Such assumptions were caused by the current market decline, which indicates that the central bank needs to do more to restore confidence in the country's financial system. After the collapse of Silicon Valley Bank and Signature Bank, the US government and the Fed took measures to rescue troubled banks, agreeing to support all depositors. The Fed has also launched a new financing program offering loans with a maturity of up to a year. However, not everyone shares the position of Japanese analysts. About 62% of market participants still expect the Fed to raise the rate by 25 bps in March, indicating continuing signs of sustained inflation. According to recent data, inflation in the US in February was 6% YoY, which is slightly lower than 6.4% in January. Many economists also adhere to a neutral position, calling for a pause in the rate hike, especially in the context of the current banking crisis in the United States.
RYCHLÉ ODKAZY