The Fed doesn't lack the desire to cut rates right now—it's waiting for a harder reason. Inflation hasn't completely capitulated, and if employment starts to weaken, the rate-cutting window will naturally open up later. What the market is focusing on next is no longer just inflation, but rather who caves first—that will determine the pace of rate cuts.

If employment truly weakens, late-year rate cuts this year will likely be more than just talk 😂

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.