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Jerome Powell stressed that the Fed would maintain support for the economy.

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  • The Fed could cut rates five times in 2025, according to S&P Global Ratings' global chief economist.
  • A slowing US economy will give the Fed the green light to cut, the firm predicted.
  • That implies the Fed will lower rates by 2 full percentage points as inflation continues to cool.

The Fed could cut rates as many as five times next year, as the US economy can't keep its hot pace of growth forever, according to Paul Gruenwald, S&P Global Ratings' global chief economist.  

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The Fed could cut rates 5 times in 2025 with the US economy bound to slow, chie…