Interest rates in 2024

Capital Economics says:
“The big question surrounds the Fed. Officials have pushed back on expectations of a first cut in the fed funds rate this spring – a message that may be reiterated at this week’s meeting. But there’s a lot of data to come between now and the following FOMC meeting in March and we suspect that most of it will support the view that inflation pressures are fading quickly. On that basis, a March cut remains in play.”

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