What highlights are there in the Federal Reserve's year-end interest rate decision? Is the 25bp cut a certainty?
At 3 AM, the Federal Reserve is set to announce the much-anticipated December interest rate decision, and Chairman Powell will, as usual, speak at the routine press conference half an hour later (3:30). Currently, the industry widely expects the Federal Reserve to cut rates by another 25 basis points at this week's meeting, with little suspense remaining.
This will mark the Federal Reserve's third consecutive meeting to announce a rate cut after September and November, bringing the total rate cut for the year to an estimated 100 basis points.
So what important information should we focus on regarding tonight's rate cut?
I believe there are three main highlights:
1. Will there be continued hints for January?
2. How many more times can we expect a rate cut in 2025?
3. Will Powell and Trump stage a 2.0 version!
Personally, I am particularly interested in the third point 😹🤣