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There is a range of predictions among analysts regarding how the new governor might influence future monetary policy. Notably, Bloomberg Intelligence posits a more favorable stance towards easing rates, suggesting that the incoming leadership could lead to a shift away from the current restrictive stance. It anticipates potential rate cuts dedicated to stimulating growth, projecting a 50 basis point reduction in the upcoming February meeting.
Contrasting views stem from other financial institutions, with many analysts suggesting a more cautious approach. Goldman Sachs, for instance, predicts a continuation of existing policies, envisioning a gradual easing cycle where modest cuts may occur in February and April.