Yeah but unemployment is on the rise lately, the newer numbers look worse than expected. Many in the finance world expect a quarter cut just because of that.
It’s a balancing game and economic indicators aren’t working as great as they used to… so it’s anyone’s guess.
Fed rate cut incoming.
Sadly, I don’t believe there will be any cuts in 2024, I believe they will cut in 2025 but that is just my opinion.
It’s just a question of whether they do a quarter or half in September, in my opinion.
From now till September, I believe the stock is expected to stabilize, on the other hand the inflation is still higher than 2%.
That is why I don’t expect that they will lower the rate as it would be kind of unexpected move to lower it this early.
Yeah but unemployment is on the rise lately, the newer numbers look worse than expected. Many in the finance world expect a quarter cut just because of that.
It’s a balancing game and economic indicators aren’t working as great as they used to… so it’s anyone’s guess.