News list for " Samuel Toms"

Panson Macro: The Federal Reserve will have to make an interim assessment of the outlook for new fiscal policy next month

Samuel Toms, an analyst at Panson Macro, said in a note that the Fed was "stalling" until the fiscal outlook became clearer. He said the Fed cut interest rates by 25 basis points, as expected, and the statement was almost a "copy" of what it said in September. Still, Toms said Fed officials will have to make an interim assessment of the outlook for new fiscal policy next month, when they release a summary of their quarterly economic forecasts. Panson Macro expects the Fed to cut rates by a furth...

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2024-11-07 19:49:22
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