The Fed has just begun its easing cycle and has done so with a big shot, this is the first time since Covid! With 50:50 odds of a single or double cut, the fed has delivered a double cut. 

The Dot plot currently indicates that we will get 2 more cuts before the end of this year and 4 cuts next year, taking rates below 3.5%. The medicine is finally here. 

During this time, we will continue to focus on the current storm’s intensity, and signs that the storm is ending and the medicine is working.