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Timely insights from the Economy, Strategy & Finance Center
The Fed cut interest rates by 25bp and maintained the pace of balance sheet reduction (i.e., Quantitative Tightening) at the November 6-7 FOMC meeting. The federal funds target range was lowered by a quarter percentage point to 4.50-4.75 percent. Another 25bp cut in December is likely in our view, but the path for rates in 2025 and beyond is now less certain following the US elections.
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Charts
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Charts
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IN THE NEWS
Erin McLaughlin: How policy uncertainty may exacerbate infrastructure chall…
March 19, 2025
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Erin McLaughlin discusses the latest on tariff policy
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Alex Heil: Tariff uncertainty weighs on consumers, markets
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PRESS RELEASE
CED Maps Out 2025 Policy Plan for New President and Congress
January 23, 2025
IN THE NEWS
If the election is contested again in November, will corporate leaders push…
October 21, 2024
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