The Fed Has Pivoted. What’s Next?

(僅提供英文版本) With cooling expectations, investors wonder when and how far U.S. rates will fall in 2024.

Tim Murray, Capital Markets Analyst

Key Insights

Reduced expectations that the Federal Reserve will begin cutting interest rates in March have left investors wondering when—and how far—U.S. rates will fall in 2024.
Based on past Fed hiking and cutting cycles, we expect modest rate cuts, although the Fed’s actions will be influenced by inflation and labor market conditions.

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