Maybe Sep, maybe Dec, maybe Mar 2025.
Would be great if there were 2-3 consecutive reports of CPI/PPE decreasing but my guess is unlikely. Too late to help Joe any, the economy/markets is going to be what it is in Nov.
https://www.cnbc.com/2024/04/17/wall...ntil-2025.html
Quote:
Economists and strategists now see the Fed waiting until at least September to cut interest rates and are increasingly entertaining the possibility of no reductions at all this year.
Bank of America economists said there is a “real risk” that the Fed won’t cut until March 2025 “at the earliest,” though for now they’re still going with a December forecast.
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