The Fed Maintains Their Hawkish Stance

The Federal Reserve cut rates by 25bps as expected but it was the messaging after that spooked markets with their reiteration that inflation remains stubbornly high. Markets are now forecasting just two rate cuts for 2025 which also led to a broad sell off in equities. We ask Tony Nash, CEO, Complete Intelligence as to the significance of this.Image Credit: Shutterstock.comSee omnystudio.com/listener for privacy information.