đ„ The Fed meeting will take place tomorrow!
Consensus forecast - interest rate cut by 25 bp (probability = 95.4%)
âȘïž The Economist:
- Lower inflation with a strong labor market is the best path for the Fed, investors and policymakers.
- But current macro data point to persistent âstickinessâ of inflation, which threatens the monetary and political stability of the United States.
âȘïž Bloomberg:
- Economists expect fewer Fed rate cuts in 2025. Reason: rising inflation + concerns about new trade tariffs from D. Trump.