The Federal Reserve will continue a dovish cutting cycle with more rate cuts by the end of 2025 and into 2026.
"this is going to be a uh a cutting cycle. Meaning, yes, we just got we just got the first cut, but no matter where you think, if you think we're getting a few more rate cuts by the end of this year, let alone 2026, and the market is pricing in or the market is betting that we will, I think we're going to be in a dovish cycle"