TechFlow news, November 8 — According to Jinshi News, analysts from Swedish bank SEB Research, Juha Siahainen, stated in a report that increased fiscal spending under the incoming U.S. administration is expected to result in a higher terminal federal funds rate than previously anticipated. SEB Research now forecasts the terminal federal funds rate at 3.25%-3.50%, with upside risks, marking a 50 basis point increase from prior expectations. The strategist noted, "The Fed may now cut rates by less than previously expected." On Thursday, the Fed cut interest rates by 25 basis points as anticipated, while adopting a more cautious stance on the future path of monetary policy.
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