MONETARY AFFAIRS

Review: Hawkish Fed Cuts Rates In December, But Halves The Number of Expected Rates Cuts in 2025

by Brunello Rosa and Nato Balavadze

18 December

In this paper we discuss:

• The Fed's latest assessment of the US economy;
• What the Fed did in December and could do in coming months;
• The changes in the SEP forecasts; and
• The market reaction to all the above.

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Download PDF:Fed Flash Review - December 2024

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