![Now Or Later, The Market Will Get The Cuts It Wants](https://i0.wp.com/heisenbergreport.com/wp-content/uploads/2024/05/FedBoardRoomChairs2024.png?fit=1152%2C675&ssl=1)
Now Or Later, The Market Will Get The Cuts It Wants
"A bigger increase in cyclically-sensitive shelter prices will make it harder for Fed officials to shake reservations about starting rate cuts with a 50bps reduction next week," Wall Street Journal "Fed whisperer" Nick Timiraos said Wednesday, following the release of inflation data which likely closed the door to a half-point first cut at the September FOMC meeting.
The CPI report made the optics of a 50bps out-of-the-gate move challenging for Jerome Powell, that's for sure. Indeed, I'm duty-b
Hit the nail on the head.
H 2028