The Federal Reserve is expected to raise policy interest rates at a slower pace, by 0.25 percentage points to 4.50-4.75% when it meets on Tuesday and Wednesday, as US inflation continues to weaken, says Kasikorn Research Center (K-Research).
"Amid signs of weakening inflation, the Fed will consider raising the policy rate at a slower rate of 0.25 percentage points at the upcoming Federal Open Market Committee meeting," the unit of Kasikornbank wrote in a paper.
US headline inflation fell for a sixth straight month to 6.5% in December 2022, the lowest level since October 2021.
