Strategists at Danske Bank have changed their Fed call based on the latest events. They expect further rate cuts as soon as in March and do not rule out more measures. Key quotes “We now expect the Fed to cut interest rates by at least 100bp and our base case is the target range will decline all the way down to 0.00-0.25% in coming two months.” “We think the Fed will start by cutting 50bp in March but we would not be surprised if it happens already before the scheduled meeting. The Fed is still ruling out negative interest rates at this stage.” “If necessary, the Fed will be willing to restart QE but it is not our base case yet.” “If the coronavirus fears go away soon, the Fed can always adjust monetary policy accordingly later on. Right now it should, in our view, focus on avoiding the very negative risk sentiment to develop into a real economic crisis.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next US Dollar Index Price Analysis: Rising bets for extra losses FX Street 2 years Strategists at Danske Bank have changed their Fed call based on the latest events. They expect further rate cuts as soon as in March and do not rule out more measures. Key quotes “We now expect the Fed to cut interest rates by at least 100bp and our base case is the target range will decline all the way down to 0.00-0.25% in coming two months.” “We think the Fed will start by cutting 50bp in March but we would not be surprised if it happens already before the scheduled meeting. The Fed is still ruling out negative interest rates… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
