In a move anticipated by many, though surprising in its size, the Federal Reserve cut rates by 50 basis points in September. This significant reduction is expected to lower borrowing costs over the coming months, offering a positive outlook for inflation control, consumer sentiment, and borrowing power for individuals and businesses. However, the long-term effects and whether the Fed can engineer a “soft landing” for the economy remain uncertain.

Global Economies & 2025 Outloook
Despite recent positive economic data and a mostly robust outlook, the overall European economy still faces headwinds into 2025, with persistent core inflation, unsure policy