Fed's Rate Strategy for 2024: Stability Over Cuts, Says One Wall St Analyst According to Jim Bianco, a renowned Wall Street analyst, the Federal Reserve may not lower interest rates throughout 2024, deviating from earlier predictions of potential rate cuts. In a recent Bloomberg interview, Bianco shifted his stance closer to expecting no rate reductions, suggesting that the current high interest rates have not significantly harmed the economy. He challenges the notion that rates must fall to prevent economic damage, pointing out that, aside from minor issues like those in commercial real estate, the broader economy has remained resilient. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Teen Workforce Grows as Inflation Pressures Family Budgets READ MORE IMF Official: Debt Relief Delays Could Mean 'Disorderly' Defaults READ MORE Fed's Looming Rate Cut Could Bolster Biden's Reelection Bid READ MORE Jobless Claims Drop Unexpectedly, Signaling Resilient Labor Market READ MORE Economists Anticipate Fed's Shift from Rate Hikes to Cuts READ MORE Add a Comment Cancel replyYour email address will not be published.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