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

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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