Peter Lewis Money Talk - The Fed removes the markets' drip feed. .....what does it mean for economies and markets

The Fed acts to reduce the number of interest rate cuts in 2025.  Underlying this is that the Fed Funds Rate is already close to the neutral rate and more cuts are not needed given that the economy is motoring and inflation is a bit high.  But the knock-on effects on markets around the world is a glimpse of what is to come.