Friday, June 13, 2025

Wall Street Retains Fed Rate Cut Expectations Ahead of Policy Meeting (Connecting the Dots: The Federal Reserve, Jerome H. Powell, The Carlyle Group, The Economic Club of Washington, The Commercial Club of Chicago, The CME Group, The Chicago Mercantile Exchange (CME), The Citigroup Inc. & Soros Funding, All Networking)

Wall Street Retains Fed Rate Cut Expectations Ahead of Policy Meeting (Connecting the Dots: The Federal Reserve, Jerome H. Powell, The Carlyle Group, The Economic Club of Washington, The Commercial Club of Chicago, The CME Group, The Chicago Mercantile Exchange (CME), The Citigroup Inc. & Soros Funding, All Networking)

Newsmax.com

Friday, 13 June 2025 11:09 AM EDT

Federal Reserve Chairman Jerome Powell (AP)

https://www.newsmax.com/finance/streettalk/wall-street-federal/2025/06/13/id/1214831/

Most Wall Street brokerages kept their forecasts for rate cuts by the U.S. Federal Reserve unchanged after key economic readings, while investors shifted focus to next week's monetary policy meeting.

U.S. consumer prices rose less than expected in May, while job growth slowed amid uncertainty surrounding the Trump administration's trade policies.

Citigroup anticipates 75 basis points of cuts this year in three equal tranches in September, October and December, revising its earlier forecast of 100 bps.

The U.S. central bank is expected to hold interest rates steady at its meeting next week, maintaining the stance it adopted after its last rate cut in December 2024.

Traders are pricing in an average of 56 bps of rate cuts by year-end, according to data compiled by LSEG. They are penciling in a 61% chance of a 25-bps cut in September, according to the CME Group's FedWatch tool.

Here are the forecasts from major brokerages ahead of the Fed's meeting on June 17-18: 

Connecting the Dots:

Paul A. Volcker was the chairman for the Federal Reserve Board and a lifetime trustee at the Aspen Institute (think tank).

Foundation to Promote Open Society was a funder for the Aspen Institute (think tank)

George Soros was the chairman for the Foundation to Promote Open Society

James S. Crown is a trustee at the Aspen Institute (think tank) and a member of the Commercial Club of Chicago.

Lester Crown is a member of the Commercial Club of Chicago and was a lifetime trustee at the Aspen Institute (think tank).

Daniel R. Glickman is a director for the Congressional Program at the Aspen Institute (think tank), a director at the CME Group, was a director at the Chicago Mercantile Exchange (CME) and a senior adviser for Akin, Gump, Strauss, Hauer & Feld, LLP.

Vernon E. Jordan Jr. is a senior counsel for Akin, Gump, Strauss, Hauer & Feld, LLP, an honorary trustee at the Brookings Institution (think tank), Valerie B. Jarrett’s great uncle and was the president of the Economic Club of Washington.  

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

George Soros was the chairman for the Foundation to Promote Open Society

Ben S. Bernanke is a distinguished fellow at the Brookings Institution (think tank), was the chairman for the Federal Open Market Committee and the chairman for the Federal Reserve Board.

Cyrus F. Freidheim Jr. is an honorary trustee at the Brookings Institution (think tank) and a member of the Commercial Club of Chicago.

Valerie B. Jarrett is a member of the Commercial Club of Chicago, her great uncle is Vernon E. Jordan Jr and the senior adviser for the Barack Obama administration.

John F. Sandner is a member of the Commercial Club of Chicago, a director at the CME Group and was the chairman for the Chicago Mercantile Exchange (CME).

Dennis H. Chookaszian is a member of the Commercial Club of Chicago, a director at the CME Group and was a director at the Chicago Mercantile Exchange (CME).

Chicago Mercantile Exchange (CME) was a merged company with the CME Group.

Sidley Austin LLP was the lobby firm for the Chicago Mercantile Exchange (CME).

Newton N. Minow is a senior counsel at Sidley Austin LLP and a member of the Commercial Club of Chicago

R. Eden Martin is the president of the Commercial Club of Chicago and counsel at Sidley Austin LLP.

Michelle Obama was a lawyer at Sidley Austin LLP.

Barack Obama was an intern at Sidley Austin LLP and the president for the Barack Obama administration.

Valerie B. Jarrett was the senior adviser for the Barack Obama administration, is a member of the Commercial Club of Chicago and her great uncle is Vernon E. Jordan Jr.

Vernon E. Jordan Jr. is Valerie B. Jarrett’s great uncle, an honorary trustee at the Brookings Institution (think tank) and was the president of the Economic Club of Washington.

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

George Soros was the chairman for the Foundation to Promote Open Society.

David M. Rubenstein is co-chairman for the Brookings Institution (think tank), the president of the Economic Club of Washington, a co-founder & co-CEO for the Carlyle Group and Joe Biden spent Thanksgiving with him.

Edward J. Mathias is a director at the Economic Club of Washington and a managing director at the Carlyle Group.

Jerome H. Powell was a partner at the Carlyle Group and is the Chairman for the Federal Reserve.

Ben S. Bernanke was a chairman for the Federal Reserve Board and is a distinguished fellow at the Brookings Institution (think tank).

Lael Brainard is a member of the Federal Reserve Board and was a VP & director for the Brookings Institution (think tank).

Karen Dynan was a senior adviser for the Federal Reserve Board and a VP for the Brookings Institution (think tank).

Douglas W. Elmendorf was an assistant director, Research and Statistics for the Federal Reserve Board and a senior fellow at the Brookings Institution (think tank).

Donald L. Kohn was a vice chairman for the Federal Reserve Board and is a senior fellow at the Brookings Institution (think tank).

Judith Rodin was an honorary trustee at the Brookings Institution (think tank) and is a director at Citigroup Inc.

Joan E. Spero was an honorary trustee at the Brookings Institution (think tank) and is a director at Citigroup Inc.

Ann Dibble Jordan is an honorary trustee at the Brookings Institution (think tank) and was a director at Citigroup Inc.

Charles O. Prince III was a trustee at the Brookings Institution (think tank) and the chairman & CEO for Citigroup Inc.

Klaus Kleinfeld is a trustee at the Brookings Institution (think tank) and was a director at Citigroup Inc.

Lawrence H. Summers is a consultant for Citigroup Inc. and was a trustee at the Brookings Institution (think tank).

Foundation to Promote Open Society was a funder for the Brookings Institution (think tank).

George Soros was the chairman for the Foundation to Promote Open Society.

David M. Rubenstein is co-chairman for the Brookings Institution (think tank), the president of the Economic Club of Washington, a co-founder & co-CEO for the Carlyle GroupJoe Biden spent Thanksgiving with him and was a benefactor at the Aspen Institute (think tank).

Foundation to Promote Open Society was a funder for the Aspen Institute (think tank).

George Soros was the chairman for the Foundation to Promote Open Society.

Paul A. Volcker was a lifetime trustee at the Aspen Institute (think tank) and the chairman for the Federal Reserve Board.

James S. Crown is a trustee at the Aspen Institute (think tank) and a member of the Commercial Club of Chicago.

Lester Crown is a member of the Commercial Club of Chicago and was a lifetime trustee at the Aspen Institute (think tank).

Daniel R. Glickman is a director for the Congressional Program at the Aspen Institute (think tank), a director at the CME Group, was a director at the Chicago Mercantile Exchange (CME) and a senior adviser for Akin, Gump, Strauss, Hauer & Feld, LLP.

Vernon E. Jordan Jr. is a senior counsel for Akin, Gump, Strauss, Hauer & Feld, LLP, an honorary trustee at the Brookings Institution (think tank), Valerie B. Jarrett’s great uncle and was the president of the Economic Club of Washington.  

David M. Rubenstein is co-chairman for the Brookings Institution (think tank), the president of the Economic Club of Washington, a co-founder & co-CEO for the Carlyle GroupJoe Biden spent Thanksgiving with him.

Edward J. Mathias is a director at the Economic Club of Washington and a managing director at the Carlyle Group.

Jerome H. Powell was a partner at the Carlyle Group and is the Chairman for the Federal Reserve.

Resources: Past Research

Powell Would Not Resign as Fed Chief If Asked by Trump (Connecting the Dot: Jerome Powell, Federal Reserve, the Carlyle Group, the Bretton Woods Committee, Janet Yellen, the U.S. Department of the Treasury & Soros Funding, All Networking) (Past Research on Jerome Powell)

Thursday, November 7, 2024

https://thesteadydrip.blogspot.com/2024/11/powell-would-not-resign-as-fed-chief-if.html

Former House Speaker Dennis Hastert Indicted on Federal Bank Charges (Past Research on the CME Group)

Thursday, May 28, 2015

https://thesteadydrip.blogspot.com/2015/05/former-house-speaker-dennis-hastert.html

Smaller Bites – David Rubenstein (Connecting the Dots: David Rubenstein, Joe Biden, The Smithsonian Institution, Economic Club of Washington, The U.S. Supreme Court & The Soros Funded Think Tanks, All Networking) (Past Research on David Rubenstein)

Tuesday, November 22, 2022

https://thesteadydrip.blogspot.com/2022/11/smaller-bites-david-rubenstein.html

John Bolton to Newsmax: Trump an Aberration; I'll Be Proven Right (Connecting the Dots: John Bolton, Kirkland & Ellis LLP, Human Rights First, Sidley Austin LLP, Diamond Offshore Drilling Inc, Export-Import Bank of the US & Soros Funding, All Networking) (Past Research on Sidley Austin LLP)

Friday, January 17, 2025

https://thesteadydrip.blogspot.com/2025/01/john-bolton-to-newsmax-trump-aberration.html

Citigroup Joins Corporate Retreat From DEI (Connecting the Dots: Citigroup, JPMorgan Chase, Goldman Sachs, The Brookings Institution (think tank) & Soro Funding, All Networking) (Past Research on Citigroup Inc)

Thursday, February 20, 2025

https://thesteadydrip.blogspot.com/2025/02/citigroup-joins-corporate-retreat-from.html

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