What’s the Fed’s outlook for the economy?

[chainsniff]

The Fed remains optimistic long-term, forecasting above-potential growth into next year. The rate cut was preemptive, addressing concerns over the labor market, not inflation or economic slowdown.

[Rimon Khan]

Interesting cut — aimed at labor market worries, not inflation. Fed still signaling confidence in growth ahead.

[Nahid Hossen]

A preemptive move by the Fed shows they’re trying to stay ahead of risks while keeping long-term growth outlook positive.