The Fed's Not Here To Save Your Stocks

By Simon Flint, Bloomberg Markets Live strategist and reporter

Since Donald Trump’s surprise victory, the Federal Reserve has adopted a slightly more hawkish hue. Today’s Summary of Economic Projections could reinforce this tilt, although I suspect that Powell will balk at showing only a single cut for 2025.

Meanwhile, the long-run neutral rate will likely inch higher, and the latest University of Michigan survey has produced a whopper: