"In terms of the outlook on Fed policy from here, I think the base case has to be that the Fed probably has 1-2 more cuts coming in 2025 and that's it," notes Geoff Phipps. He talks about how the market is going to be much more reactive to both inflation and jobs data in 2025, and there could be an increase in volatility.
Market On Close
06 Jan 2025
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