FOMC Review: The Fed Pushes Back The Timing Of The First Rate Cut, But Confirms Its Easing Bias And Signals That Rate Hikes Are Unlikely

FOMC Review: The Fed Pushes Back The Timing Of The First Rate Cut, But Confirms Its Easing Bias And Signals That Rate Hikes Are Unlikely

by Brunello Rosa, Nouriel Roubini and Nato Balavadze

2 May 2024

In this paper we discuss:

1. The Fed’s assessment of the US economy;
2. What the Fed did in May and could do in coming months;
3. How the economy has performed compared to the March FOMC forecasts; and
4. The market implications of all the above.

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Download PDF: Fed Review – May 2024

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