The continuous dripping of water breaks the rock... and so is the measure.

‏⚡️ Workshops unlikely to change federal policy anytime soon!

Economists believe that the expected appointment of Kevin Warsh will not bring about a significant change in monetary policy this year, as decisions are made collectively by the Federal Open Market Committee (FOMC).

📊 Estimates from major banks:
• Both Barclays and Morgan Stanley still expect two rate cuts in June and December

• Major changes in the trajectory are not anticipated before 2027

Message:
Leadership may change…
But the short-term path remains constrained by the committee's consensus 📊
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