The Fed Will Remain in Wait-and-See Mode Until September

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There will likely be some dovish hints, but they will probably not differ from previous statements and rhetoric by Federal Reserve officials. This is the general expectation one day before the conclusion of the Fed's fifth meeting of 2025. It's worth noting that two FOMC members already support easing monetary policy. However, at least one of them—Christopher Waller—is a potential candidate to become the next President of the FOMC after Jerome Powell steps down. And Donald Trump, who will be
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