28.10.2025

“Preemptive cut” : the first decisive move of the next U.S. economic cycle

Just days before the next crucial Federal Reserve meeting, John Plassard, Partner and Head of Investment Strategy at Cité Gestion, unveils a concept that already defines U.S. monetary policy: the “preemptive cut.”

Jerome Powell is acting before the economic damage becomes visible. This preventive rate cut is not a sign of weakness — it’s an anticipatory strategy designed to prevent the worst: rising unemployment, recession, and a loss of confidence.

In this essential video, John explains why the Fed has chosen to ease without an immediate emergency, how this decision is reshaping the yield curve, reviving bond markets, and shifting portfolios as we approach 2026.

A must-see for anyone seeking to understand the real meaning behind Powell’s actions — and what this new phase of monetary policy already implies for global investors.

Watch the full video below: