The Fed will slash rates 6 times this year as recession spreads across the US and the job market deteriorates, market veteran says

Federal Reserve Board Chairman Jerome Powell. Alex Wong/Getty Images The Fed is bound to slash interest rates six times in 2024, Metlife's Drew Matus predicted. Those cuts will come as a recession spreads across the US, the market vet told CNBC in a recent interview. The job market could quickly…#federalreserveboard #jeromepowell #alexwonggettyimages #metlife #drewmatus #metlifeinvestment #dovish #matus #philadelphiafed #othersonwallstreet

Source: Reuters: Health - January 8, 2024 Category: Consumer Health News Source Type: news