Fed Expected to Cut Rates in December and January: RBC Analysis ...Middle East

RBC preview the December 17-18 Federal Reserve Federal Open Market Committee (FOMC) meeting, expecting a 25bp rate cut at this meeting and then again at the January 31-February 1 2025, meeting pace of easing has already slowedrecent communications from Fed speakers continue to hint at further but smaller rate cutsAfter the February rate cut RBC expect the Fed to pause and reassess. RBC point to developments in the economy, saying that November's jobs report was largely as expecteda gentle slowing more consistent with normalization than cyclical weaknessAs for the upcoming inflation report this week (preview here:Bank of America on the upcoming US CPI report - rally vs. volatility) :Absent a

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