Here's when to expect the Fed's first interest rate cut

The Federal Reserve's May decision is just days away, with investors expecting the central bank to hold steady. Skyler Weinand, chief investment officer at Regan Capital, joined TheStreet to break down when policymakers could finally pull the trigger on rate cuts in 2025 and how economic data might force their hand sooner than expected.

Related: It's Fed week with interest rates in focus. Here's what to expect.

Full Video Transcript Below:

SKYLER WEINAND: Right so with the May Fed meeting, the Fed's come out and said, hey, we're waiting. We have to wait for a lot more data to come out to really make any type of decision. They have fully disclosed that they're not doing squat. So wait for their rhetoric, post their meeting and how they are looking at jobs numbers, how they're looking at inflation numbers. If we stay the course for the summer, I don't think the Fed really has anything to do until the fall, September, maybe November. But if unemployment really ticks up to, let's say, four, seven, four, eight in the next few prints, they're going to start to get worried that tariffs are peering through to the employment numbers much quicker than they would have hoped. So they're not going to do anything in May but call it September. Sometime in the fall we could see upwards of a 50, maybe even a 75 basis point cut if employment gets materially worse.