Fed rate cuts will be even more aggressive than expected in 2024 as unemployment surges past 5%, economist says

None The Fed will slash rates even more aggressively than expected, Pantheon Macro forecasted. • None That's due to a steadily weakening US economy, with unemployment likely to tread higher next year. • None Rate cuts will exceed 75 basis points as the jobless rate surpasses 5%, the firm said. Fed…#pantheonmacro #nonerate #pantheon #ianshepherdson #fomc #cmefedwatch #deutschebank #ubs

Source: Reuters: Health - December 18, 2023 Category: Consumer Health News Source Type: news