March 2025 FOMC Recap
The uncertainty over tariffs put inflation targeting’s weakness on display.
The uncertainty over tariffs put inflation targeting’s weakness on display.
Note: Subscribers to MacroSuite receive our FOMC preview at the beginning of the blackout period before each FOMC meeting. A public version of the preview will be released...
The Fed faces risk from multiple directions and is experiencing a high level of uncertainty. Our baseline scenario sees the hawks mostly unchanged and the doves to consolidate towards two cuts for 2025.