GS: Fed officials’ recent comments suggest a 25bp cut is more likely than 50bp.

We interpret comments from Fed officials just ahead of the blackout period to mean that the FOMC is more likely to cut by 25bp than 50bp. We think a 50bp cut would be a sensible precaution against further labor market softening, but the Fed leadership has communicated a… pic.twitter.com/fG9XaaOiUr

— Win Smart, CFA (@WinfieldSmart) September 16, 2024