The situation in the Middle East is a ‘major wild card’ for the Fed, former Powell advisor says

Jon Faust, who advised three Fed chairs, doesn’t see an interest-rate cut until December — an even then, the odds of a move are just 50/50.

Jun 14, 2025 - 12:12
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The situation in the Middle East is a ‘major wild card’ for the Fed, former Powell advisor says
Jon Faust, who advised three Fed chairs, doesn’t see an interest-rate cut until December — an even then, the odds of a move are just 50/50.