MARKETS EYE FOMC CUT AND QT END AS WALL STREET FORECASTS DIVERGE
Major banks agree: a 25bp cut and QT halt are coming, signaling liquidity support amid a stable recovery. Diverging paths emerge—BofA sees deeper easing into 2026, while Goldman and JPMorgan project a gentler glide. Expect Powell to stress data uncertainty and frame the cut as insurance, not a pivot, with internal dissent likely shaping tone over trajectory.