Public Publication Content

Fed begins big to recalibrate policy

|

The median participant sees 100 bp of rate cuts this year, or 25 bp at each of the next two meetings. But 2025 is a little less aggressive than market was expecting. The Fed needed two rate cuts to take back one in real terms. The SEP showed a slowing of economic growth and a rise in the unemployment rate with lower inflation. Policy remains restrictive and economic risks skewed to the downside.

Ned Davis Research | Fixed Income | Focus | Bi-Weekly

While you wait, explore additional NDR research and solutions.

Institutional Investors

Custom Research

Wealth Managers

Stock Selection

ETF Selection

HubSpot Form for Publications