Expectations for Federal Reserve interest rate cuts in 2024 range from 0 to 125bp

This info from Fed watcher Nick Timiraos at the Wall Street Journal. I’m not sure how much credence to give it as the survey was as of 30 April. I know BoA have no change in forecast:

But for analysts at, say Morgan Stanley for example (and MUFG!), they’ll have to revise the -75bp (-125 for MUFG)call I would think?

I’m liking that Soc Gen call! Jeffries too of course.

This article was written by Eamonn Sheridan at www.forexlive.com. Source