Story perspectives
Economists Predict Fed Rate Stability Through 2025
2/9/2025
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Story summary
- Macquarie economists predict no changes to the Federal Reserve's benchmark policy rate in 2025.
- This forecast follows a January jobs report with revised higher payroll numbers and a lower unemployment rate.
- Strong wage growth has impacted their revised perspective on Fed policy.
- Bank of America concurs, indicating that the cutting cycle has concluded.
