The Wall Street economist who nailed the Fed’s ‘joyous’ rate cut sees the same thing again
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"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically a joyous cut as ebbing inflation allows the Fed to act to preserve a strong labor market."
https://fortune.com/2024/09/21/fed-rate-cut-outlook-fomc-meeting-november-50-bps-economy-job-market/