Fed Rate Cut Delayed Until Q4? ING Throws Cold Water on Market Hopes

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2025-05-08 13:19:48

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

Wall Street’s favorite free-money fantasy just got a reality check. ING analysts now predict the Fed won’t budge on rates before Q4—despite traders betting the farm on summer cuts.

Why the hold-up? Stubborn inflation meets election-year jitters. Powell’s crew would rather strangle the economy than risk looking political. Classic Fed move.

Meanwhile, crypto markets yawn. Bitcoin’s already priced in the liquidity tsunami—Wall Street’s still waiting for permission to buy the dip.

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