Fed let 15 billion in assets run off their balance sheet - a drop in the bucket basically.
There was heavy Fed liquidity injections in the first two, 2025 bounce has seen none of that.
Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated.
Fed Funds Rate expected to see 5 interest rate cuts over the next 12 months despite hot economic data.
There's zero reason to be lowering interest rates here. It'll only spike inflation again.
Bank of America expecting some heavy rate cuts in 2025 - 4 to be exact.
Fed balance sheet dropped another $40B in March.
Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated.
Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid. Inflation remains somewhat elevated. The Committee seeks to achieve maximum employment and inflation at the rate of 2 percent over the longer run.
Recent indicators suggest that economic activity has continued to expand at a solid pace. Since earlier in the year, labor market conditions have generally eased, and the unemployment rate has moved up but remains low. Inflation has made progress toward the Committee's 2 percent objective but remains somewhat elevated. The Committee seeks to achieve maximum