Moody's Economist Predicts Three Fed Rate Cuts Before June
- Rate Cut Prediction: Mark Zandi from Moody's forecasts three interest rate cuts by the Fed before June, each by 0.25 percentage points, reflecting concerns over ongoing job market weakness and unstable inflation signals, which could lead to slower economic growth.
- Weak Job Market: Zandi highlights that businesses are hesitant to hire due to recent changes in trade and immigration policies, which is expected to increase unemployment and compel the Fed to adopt more aggressive rate cuts to stimulate the economy.
- Increased Political Pressure: With Trump regaining control over Fed appointments, Zandi warns that this could lead to heightened political pressure on the Fed to lower rates, further eroding its independence.
- Divergence from Market Expectations: Unlike the market's expectation of two rate cuts, Zandi believes cuts will occur earlier and more frequently, potentially impacting investor confidence in future economic policies.
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Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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