MemCast
MemCast / episode / insight
#fed2#interest-rates2
Fed won't cut rates until Powell steps down
  • The Federal Reserve has signaled that any rate‑cut action is contingent on Chair Jerome Powell leaving office at the end of May.
  • Market participants should price in a delayed easing cycle, as the Fed prefers to keep rates higher for longer.
  • This stance dampens expectations of multiple cuts this year.
PaulBloomberg Television00:02:57

Supporting quotes

Quote
00:02:57
“BUT THEY WILL NOT TAKE PLACE UNTIL JEROME POWELL STEPS DOWN AS HE IS SCHEDULED TO DO AS CHAIRMAN AT THE END OF MAY.” — Paul
Quote
00:04:45
“THE FED WILL NOT BE IN A RUSH TO CUT.” — Paul

From this concept

Fed's Reluctant Rate Cuts

The Federal Reserve is unlikely to rush into easing until a leadership change, and even then policymakers remain cautious about inflation and job growth. Market expectations of multiple cuts are tempered by a dovish-but-still-guarded tone.

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