Here ’s what would happen to the US economy if there are no rate cuts this year

Federal Reserve officials have been saying for months they need to see more convincing data demonstrating that inflation is on a sustainable path to 2% before they can feel comfortable cutting rates. Last month’s unexpectedly hot Consumer Price Index report is the exact opposite of that. That’s…#federalreserve #fedchairpowell #bankofcanada #tiffmacklem #treasury #dow #nasdaqcomposite #itaygoldstein #tesla #goldstein

Source: Reuters: Health - April 16, 2024 Category: Consumer Health News Source Type: news