0626 GMT - With its third straight rate cut, the Federal Reserve is sending a clear message: it's no longer just watching inflation-it's managing risk, says Bolvin Wealth Management's Gina Bolvin in a note. This decision reflects growing concern about the economy's underlying momentum, she says. While inflation has cooled, the Fed is also acknowledging that policy lags, geopolitical uncertainty, and tighter credit conditions are weighing more heavily on the outlook, she says. "This is a Fed trying to guide the economy to a soft landing without oversteering." Rate cuts may continue-but gradually, and only if the data allows, she says. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
December 11, 2025 01:26 ET (06:26 GMT)
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