Fed's Rate Cut Expectations Delayed as US Economy Proves Robust The US economy’s resilience has led to a reassessment of expectations for interest rate cuts in 2024. Initially, after enduring prolonged inflation and increased borrowing costs for over 20 months, there was widespread anticipation among investors, economists, and Federal Reserve officials that the economy would weaken, enabling the Fed to commence rate reductions. However, the anticipated timeline for a Federal Reserve policy shift continues to be postponed. Despite early market predictions of six rate cuts starting in March 2024, this prospect has now been deemed unlikely. The economy’s unexpected strength suggests that any immediate relief in the form of rate cuts may not materialize as previously hoped. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts U.S. Labor Market Beats Expectations with 275,000 New Jobs READ MORE STAGFLATION & The Longest Yield Curve Inversion in History READ MORE Core Inflation Cools for Fourth Month, Bolstering Case for Fed Rate Cut READ MORE Global PMI Data Shows Persistent Price Inflation in May READ MORE Currencies Rally Against Dollar as Fed Rate Cut Expectations Grow READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment