According to Jin10 Data, Pansen macroeconomists Samuel Thomas and Oliver Allen said that Federal Reserve officials are in a communication breakdown ahead of the upcoming policy decision this week, but they are expected to unanimously decide to cut interest rates by 25 basis points.
Fed Governor Waller said before the meeting that he favored a quarter-point rate cut, the clearest policy commentary from a committee member. Economists expect a pause in rate cuts will be the Fed’s default option at its January meeting as inflation remains stubbornly above target.
