Fed is Done Raising Rates and Will Cut Them in 2024, Economists Say
The Fed is done raising interest rates and will likely cut them by roughly one percentage point next year.
The Fed is done raising interest rates and will likely cut them by roughly one percentage point next year.
AQR Capital Management’s Jordan Brooks issuing a word of warning to those on Wall Street still betting that Fed can engineer “painless disinflation."
Don’t be fooled’ by the uptick in inflation, economist says. Prices are falling, and the Fed now has the ammo to pause its rate hikes.
Odds of the U.S. avoiding a deep recession and achieving a "soft landing" are rising as the Federal Reserve tries to bring down inflation.
Sixteen months after the Federal Reserve began its most aggressive rate-hike cycle in decades, markets are breathing a sigh of relief.
Many pros think a cooling in inflation is the main reason why as it could unleash a profit reacceleration into year-end and early 2024.
Rally in global stocks suggests inflation and recession risks are in the rear-view mirror. Goldman Sachs Group Inc. strategists are more skeptical.