-
Fed confirms a slower and shallower rate cut story for 2025
We got another 25bp policy rate cut from the Fed, but updated projections and Chair Powell’s press conference confirms that the Fed is going to be much more cautious next year with sticky inflation and President Trump’s policy mix meaning a higher hurdle is required to justify rate cuts in 2025. 25bp from the Fed, but less in 2025 The Federal Reserve has cut rates 25bp, as expected. This brings us to 100bp of cumulative cuts since September, but the Fed is indicating a much slower, more gradual series of rate cuts in the future. 50bp of cuts is now their baseline for 2025 based on the median of their individual ... (full story)
- Comments
- Subscribe
-
- Older Stories
From cnbc.com|Dec 18, 2024U.S. Treasury yields jumped on Wednesday after the Federal Reserve announced its latest interest rate cut, but signaled fewer could be on the horizon. The yield on the 10-year ...
From @financialjuice|Dec 18, 2024post: FED'S POWELL: WE DON'T OVERREACT TO A COUPLE MONTHS OF INFLATION PRINTS. post: FED'S POWELL: THERE'S HIGH UNCERTAINTY PROJECTING THE ECONOMY 3 YEARS AHEAD post: FED'S POWELL: IT'S BEEN FRUSTRATING, PROGRESS ON INFLATION IS SLOWER THAN HOPED post: FED'S POWELL: A RATE HIKE DOES NOT APPEAR TO BE A LIKELY OUTCOME NEXT YEAR.
From @FirstSquawk|Dec 18, 2024post: FED'S POWELL: LOWER HIRING RATE IS A SIGNAL OF SOFTENING IN LABOR MARKET || SAYS WAGES AREAT A HEATLHY, EVERMORE SUSTAINABLE LEVEL post: FED'S POWELL: PEOPLE ARE FEELING THE EFFECT OF HIGH PRICES, NOT HIGH INFLATION. post: <=USD>:
*POWELL: INFLATION PATH DOWN HAS BEEN BETTER THAN MANY PREDICTED *POWELL: INFLATION JUST HAS BEEN A LITTLE BIT MORE STUBBORN post: FED'S POWELL: I'M VERY OPTIMISTIC ABOUT THE ECONOMY || SAYS I EXPECT ANOTHER GOOD YEAR NEXT YEAR || SAYS EXPECT ANOTHER VERY GOOD YEAR NEXT YEAR post: FED'S POWELL: FROM HERE IT'S A NEW PHASE, WE ARE GOING TO BE CAUTIOUS ABOUT FURTHER CUTS
-
- Newer Stories
From mining-technology.com|Dec 18, 2024Several notable mining projects began operations in 2024, including what will be one of Canada’s top five producing gold mines; the Onslow Iron ore project in Western Australia ...
From youtube.com/cmegroup|Dec 18, 2024Gold futures drop below $2,600 on the Fed’s shifting rate cut outlook. Todd Colvin discusses the precious metal as the USD rallies to two-year highs.
From scotiabank.com|Dec 18, 2024The FOMC took a page from what its northern neighbour did last week and delivered a hawkish 25bps cut. Birds of a feather I say, as clearly central banks in this neck of the woods ...
- Story Stats
- Posted: Dec 18, 2024 4:58pm
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 8,801
- Linked events:
