Saturday, November 1, 2025

Rate Cuts -- I May Not Have Been All That Wrong -- November 1, 2025

Locator: 49313THEFED. 

From September 4, 2025

Jobs: link here. I was really wrong. I was convinced for the past year that there would be no rate cuts in calendar year 2025. Now, the question is how many and how much by the end of the year. Remember: We're now talking about JPow's legacy.

Will there be just the two rate cuts this year? If so, I wasn't that far off.