šŸ”„ The Fed meeting will take place tomorrow!

Consensus forecast - interest rate cut by 25 bp (probability = 95.4%)

ā–Ŗļø 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 ā€œstickinessā€ of inflation, which threatens the monetary and political stability of the United States.

ā–Ŗļø Bloomberg:

- Economists expect fewer Fed rate cuts in 2025. Reason: rising inflation + concerns about new trade tariffs from D. Trump.