We could have a higher inflation target on the other side of this, notes Joe Brusuelas. He talks about how it has gone from four cuts in 2024 to two cuts because the Fed believes they could sustain a soft landing. He talks about how the Fed is confident with where the economy is and where it’s going. He goes over how the Fed will continue to assess additional information and its implications for monetary policy. The Fed is also prepared to adjust the stance of monetary policy as appropriate if risks emerge. Tune in to find out more about the stock market today.