The Federal Reserve doesn't lack the desire to cut rates right now; rather, it's waiting for a more compelling reason. Inflation hasn't been thoroughly convinced, and if employment starts to soften, the rate-cutting window will naturally open up later. The market's focus going forward is no longer just on inflation, but on who caves first—that will determine the pace of rate cuts.
If employment truly weakens, rate cuts later this year will likely be more than just wishful thinking😂
The Federal Reserve doesn't lack the desire to cut rates right now; rather, it's waiting for a more compelling reason. Inflation hasn't been thoroughly convinced, and if employment starts to soften, the rate-cutting window will naturally open up later. The market's focus going forward is no longer just on inflation, but on who caves first—that will determine the pace of rate cuts.
If employment truly weakens, rate cuts later this year will likely be more than just wishful thinking😂