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17th Mar 2025 17:48USDaily Monitor

  • The median FOMC forecast likely will envisage easing by 50bp this year, the same as in December.
  • The Chair will retain all options, leaving investors unsure if trade war escalation would mean lower rates.
  • We continue to expect the FOMC ultimately to ease by 75bp this year, with the first move in June.

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Keywords for: 19 March 2025 US Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence