Much-Awaited Fed Rate Cut May Not Come Before Q4, ING Says

The Federal Reserve may not cut interest rates any time soon, but when it does, the easing could be aggressive, according to Dutch investment bank ING.On Wednesday, the Fed kept the benchmark rate on hold between 4.25% and 4.5%, with Chairman Jerome Powell raising the specter of stagflation during the press conference following the announcement source: https://www.coindesk.com/markets/2025/05/08/much-awaited-fed-rate-cut-may-not-come-before-q4-ing-says