Federal Reserve Chair Jerome Powell hints at potential rate cuts in 2024 due to ongoing inflation concerns, with traders and investors showing uncertainty about the number of expected cuts, ranging from one to two or none, as economic stability challenges persist.
Traders Favor Two Fed Cuts in 2024 as Treasury Yields Near 4.5% - BBG https://t.co/ZmKIOzceau
Doubts Creep In About a Fed Rate Cut This Year - WSJ Traders started the year predicting up to seven rate cuts. Now, many are betting on one or two—or none. https://t.co/D42hClVp4C
INVESTORS LOSE HOPE OF RAPID US INTEREST RATE CUTS THIS YEAR - FT
Investors Lose Hope Of Rapid US Interest Rate Cuts This Year - FT https://t.co/9Q0Ztizl2s
'They can't get it wrong again': Economists are increasingly uncertain about Fed rate cuts this year https://t.co/7bvmPxUfH6
TRADERS LEAN TOWARD TWO QUARTER-POINT FED RATE CUTS IN 2024
Traders Lean Toward Two Quarter-Point Fed Rate Cuts In 2024 - BBG https://t.co/0iUUfPhmWB
Traders’ conviction on three quarter-point interest-rate cuts from the Fed this year is quickly dissipating, with markets now favoring just two reductions https://t.co/BLN0rjpKcC
Traders started the year predicting as many as seven rate cuts. Now, many are betting on one or two—or none. https://t.co/hv1jpJ1Rbp https://t.co/hv1jpJ1Rbp
Traders betting the European Central Bank is all but certain to start cutting interest rates in June just need a green light from policymakers on Thursday that the coast is clear. More here: https://t.co/4VRrpVmLA0
The Fed’s Rate Cut Plans Are in Doubt. March Inflation Data Won’t Bring Certainty. https://t.co/RdHcpa032K
Fed Chair Powell reiterated his prediction for cuts in 2024 on Wednesday, saying, "If the economy evolves broadly as we expect, most FOMC participants see it as likely to be appropriate to begin lowering the policy rate at some point this year." https://t.co/phIdJcG5df
ICYMI: Jerome Powell hints at potential rate cuts amid ongoing inflation concerns. Despite some moderation, inflation remains above the Fed's target, posing economic stability challenges. Find out more: ↓ https://t.co/K1JN47QRZy