{"id":93264,"date":"2024-12-30T15:52:16","date_gmt":"2024-12-30T15:52:16","guid":{"rendered":"https:\/\/funds.palos.ca\/recalibration-is-complete-now-that-the-policy-rate-is-neutral\/"},"modified":"2024-12-30T16:00:50","modified_gmt":"2024-12-30T16:00:50","slug":"recalibration-is-complete-now-that-the-policy-rate-is-neutral","status":"publish","type":"post","link":"https:\/\/funds.palos.ca\/fr\/recalibration-is-complete-now-that-the-policy-rate-is-neutral\/","title":{"rendered":"Recalibration Is Complete Now that the Policy Rate is Neutral"},"content":{"rendered":"<p>The Federal Reserve cut its policy rate by 25bps on Wednesday, as widely expected, taking the midpoint of the target range to 4.375%. The decision was not unanimous, as 4 participants were not in favour of the decision. Powell said, however: \u201cFrom here, it\u2019s a new phase, and we\u2019re going to be cautious about further cuts,\u201d suggesting the official cost of money is closing in on the neutral rate.<\/p>\n<p><em>A Macro Market View by Hubert Marleau\u00a0<\/em><\/p>\n<p><a href=\"https:\/\/funds.palos.ca\/wp-content\/uploads\/2024\/12\/Weekly_Commentary_20241223.pdf\">Continue Reading in PDF<\/a><\/p>\n<p><span data-teams=\"true\"><i>L&rsquo;infolettre Palos Perspective est un aper\u00e7u hebdomadaire de la situation macro\u00e9conomique disponible uniquement en anglais. Si vous avez des questions sur l&rsquo;infolettre ou des demandes g\u00e9n\u00e9rales sur Palos, veuillez nous contacter \u00e0 <\/i><a id=\"menur7gi\" class=\"fui-Link ___1q1shib f2hkw1w f3rmtva f1ewtqcl fyind8e f1k6fduh f1w7gpdv fk6fouc fjoy568 figsok6 f1s184ao f1mk8lai fnbmjn9 f1o700av f13mvf36 f1cmlufx f9n3di6 f1ids18y f1tx3yz7 f1deo86v f1eh06m1 f1iescvh fhgqx19 f1olyrje f1p93eir f1nev41a f1h8hb77 f1lqvz6u f10aw75t fsle3fq f17ae5zn\" title=\"mailto:info@palos.ca\" href=\"mailto:info@palos.ca\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Link info@palos.ca\"><i>info@palos.ca<\/i><\/a><\/span><\/p>\n<p>Follow us on: <a href=\"https:\/\/www.linkedin.com\/company\/palos-management-inc.\/\"><strong>LinkedIn<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Reserve cut its policy rate by 25bps on Wednesday, as widely expected, taking the midpoint of the target range to 4.375%. The decision was not unanimous, as 4 participants were not in favour of the decision. Powell said, however: \u201cFrom here, it\u2019s a new phase, and we\u2019re going to be cautious about further &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/funds.palos.ca\/fr\/recalibration-is-complete-now-that-the-policy-rate-is-neutral\/\"> <span class=\"screen-reader-text\">Recalibration Is Complete Now that the Policy Rate is Neutral<\/span> Lire la suite\u00a0\u00bb<\/a><\/p>\n","protected":false},"author":11,"featured_media":93255,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[36],"tags":[],"_links":{"self":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/93264"}],"collection":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/comments?post=93264"}],"version-history":[{"count":0,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/posts\/93264\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media\/93255"}],"wp:attachment":[{"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/media?parent=93264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/categories?post=93264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/funds.palos.ca\/fr\/wp-json\/wp\/v2\/tags?post=93264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}