Monetary Policy & Inflation | US
The Fed will want today’s meeting to be as dull as possible with an expected 25bps cut and the repetition of ‘act as appropriate’ as a nod to future actions. But many questions will linger. Is this the last rate cut? If so, how will they present it? If not, how can they maintain optionality? With no new economic projections to be released at this FOMC meeting, investors will be hanging on every word of the statement and of Chair Powell’s press conference…
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great article, as always, you are on point !
Thanks MC – appreciate it and pass on the good word and link folks back to the macrohive! Cheers amigo…
Great read
Thank you Azeem – glad you liked it.