federal reserve interest rate cuts: Will Powell signal a lower rate cut in 2025 at the FOMC meeting today?

A summary of economic projections will also be released at the FOMC meeting today, which will reveal the US Fed dot plot.

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deVere Group CEO Nigel Green warns investors to act with caution and re-evaluate their portfolios

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Because growing evidence suggests the Federal Reserve will not cut interest rates into 2025.

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If the Fed cuts the rate by 25 basis points today, the rate will be 1 percent, or 100 basis points, lower than the four-decade high reached in July 2023

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Inflation remains above the Fed's 2% target, prompting a shift toward a more gradual approach to rate cuts in 2025, despite a dip below 9.1% in mid-2022

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Core and main CPI rose by 0.3% in November, while core inflation remained stable at 3.3%

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Overall inflation rose to 2.7% from 2.6% and producer price inflation rose to 0.4% from 0.3%, driven by higher shelter costs

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Weekly jobless claims rose to a two-month high of 242,000, partly due to Thanksgiving seasonal factors

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