Graham Stephan, relaying Federal Reserve: Fed policy rate will fall

Said on Sep 17, 2025, at 12:50 in the video.

What was said
Graham Stephan

@grahamstephan

“And now the Federal Reserve has made it clear that they expect a cut by another 50 basis points by the end of the year due to growing job uncertainty.”
Watch at 12:50BREAKING: Federal Reserve JUST SLASHED RATES – Massive Pivot Ahead!
PredictionFed policy ratewill fallby Dec 31, 2025
What happened
Relayed

Attributed to Federal Reserve — not scored

The window it was checked over

Fed policy rateWindow checkedRecession (NBER)
2%3%4%5%6%202220232024202520262026Said on Sep 17, 2025
2%3%4%5%6%2022202420252026Said on Sep 17, 2025

Federal funds target range, upper limit: Federal Reserve Board via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked

Attributed to Federal Reserve — not scored

What was said around it

Jerome Powell just said, overall he was a lot more cautious about the economy than in previous meetings. He still mentioned a concern of whether or not tariffs would have an impact on inflation. And that's why they're taking it meeting by meeting to determine what's going to happen next. However, in terms of where they expect the market to move over the next few years, today is where they release what's called their summary of economic projections, which details exactly what they anticipate to happen in the near future. And now the Federal Reserve has made it clear that they expect a cut by another 50 basis points by the end of the year due to growing job uncertainty. On top of that, they're predicting that inflation will remain above 2% throughout 2028, suggesting that their plan is overall to cut aggressively in 2025 and then take it a bit slower throughout the next year, depending on the data. Beyond that, Jerome Powell went on to say that today was a riskmanagement cut and that job growth was below break even. So, the market currently believes that the Fed might be too late to cut interest rates, which is why everything has begun selling off towards the end of the day. So, overall,

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