A FED pivot is just a matter of time.
Every economic data is pointing towards rate cuts and QE, but most people will act only after it happens.
But how do I know?
Because FED focuses on just 2 things.
Inflation and unemployment data.
Inflation is trending down towards 2%, while unemployment is still above 4%.
If unemployment stays above 4%, it'll result in lower spending and thus low inflation.
Apart from that, tariffs uncertainty is also over, which FED has mentioned a lot lately.
I think the FED will atleast do 3 rate cuts this year, will end the QT program and also do some sort of liquidity injection.
