2024-04-09 03:30:00 ET
Summary
- The consensus outlook is still projecting that the Federal Reserve will trim its target interest rate by the end of the year.
- As economic growth endures and energy prices rise, market sentiment is pricing in fewer cuts.
- Some analysts are now saying the quiet part out loud: there may be no rate cuts in 2024.
The consensus outlook is still projecting that the Federal Reserve will trim its target interest rate by the end of the year. But as economic growth endures and energy prices rise, market sentiment is pricing in fewer cuts. Meanwhile, some analysts are now saying the quiet part out loud: there may be no rate cuts in 2024....
Read the full article on Seeking Alpha
For further details see:
Will Sticky Inflation Kill Prospects For Rate Cuts In 2024?