The Weekly Insight

Politics and the Fed

Andrew Dorr

We’ve talked for weeks now about the differences between the Fed’s preferred path on rate cuts and the market’s belief of what they will do. As a refresher, the Fed announced in December they believed they would cut rates three times in 2024. The market had a different view. The consensus at the time was the Fed would start rate cuts in March and would cut a total of seven times in 2024. 

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