Wall Street has priced in a 25 basis point cut to interest rates— the first of this year — expected from Federal Reserve officials coming out of their FOMC meeting this week. The biggest question now is what the US central bank’s rate path will be for the remainder of 2025.
Yahoo Finance senior Fed reporter Jennifer Schonberger assesses the likelihood of future rate cuts following the release of the latest labor figures and inflation data, and how President Trump’s Fed governor nominee Stephen Miran could mean for rates if he is successful in getting appointed to the Fed board.
Also catch StoneX’s Jon Hilsenrath and S&P Global Ratings’ Paul Gruenwald emphasize the goal of avoiding policy mistakes as the Trump administration works to replace top Fed officials.
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