In this clip from The Macro Show, Hedgeye CEO Keith McCullough and Director of Research Daryl Jones discuss the upcoming FOMC meeting and highlight the diminishing element of surprise ahead of Fed Chair Jerome Powell’s press conference on Wednesday.
“Powell, in all of his brilliance, is likely going to have at least some shift—because we’re into a new year and a new administration—where he acknowledges the economic data that got you there,” McCullough explains.
“And acknowledging that means, yeah, we’re probably done on rate cuts.”
For deeper insights on the Fed’s next moves, inflation trends and more, watch the full clip and tune into The Macro Show for expert analysis.
