BREAKING: Federal Reserve Cancels 2025 Rate Cuts - Massive Pivot Ahead!

"The Federal Reserve decided to once again pause interest rate cuts for the foreseeable future with the expectation that we're now going to see our first rate cut occur in September at the very soonest."

"In this case, they believe that inflation will eventually return to their 2% target, but not until after 2027."

"And just like we expected, they anticipate higher interest rates for longer with an estimated federal funds rate of 3.4% in 2027."

"Basically, this means that they expect slightly higher inflation, slightly slower growth, and that's going to result in only one or two rate cuts this year with maybe only one next year."

"First, a record high 38% of S&P 500 companies gave negative guidance for future quarters, while only 15% issued positive guidance, which is the widest negative to positive guidance that we have seen since the 2008 financial crisis."

"But if higher than usual tariffs were to stick, that could lead to a panic sell-off and the stock market to fall even further"

"I tend to believe that we'll likely see a 25 basis point rate cut at some point this year if conditions permit."