
How To End The Fed...Carefully
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Housekeeping: Good Morning.
“The Gold reset is a process, not an event”
Today:
* Discussion: End The Fed Carefully
* Premium: Institutional TradeDesk Report on Gold and Copper
Discussion: End The Fed Carefully
FOMC Recap
* Fed Cuts 25 bps as expected
* The Statement
Full changes footnoted here
* The Press Conference Was Dovish
He added that even with today’s cut, that policy is still restrictive, with the potential to still accelerate the pace/size of cuts if the labor market cools faster than anticipated.
*…
The skinny
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