Fed preview: a “hawkish cut” is expected but here’s what could surprise the market
KEY POINTS: The Fed is expected to cut interest rates by 25 bps bringing the FFR to 3.50-3.75% The tone is expected to be more “hawkish” with clear signal of a pause and the bar for further cuts being higher We will get the Summary of Economic Projections and the Dot Plot at this decision (no major changes expected)…










