The Federal Reserve will start cutting interest rates by the end of 2025, if not in September, then at one of the two subsequent meetings.
"I don't know how J. Paul is going to justify not cutting interest rates in September, the way things that are going. But I do want you to know that the interest rate cuts, they're I mean, they're going to start soon. It's right around the corner. So, if not in September, then there are two more meetings after that one in September for the remainder of the year. And each of those meetings are going to be fair game for an interest rate cut."