Fed's Rate Cut Expectations Delayed as US Economy Proves Robust The US economy’s resilience has led to a reassessment of expectations for interest rate cuts in 2024. Initially, after enduring prolonged inflation and increased borrowing costs for over 20 months, there was widespread anticipation among investors, economists, and Federal Reserve officials that the economy would weaken, enabling the Fed to commence rate reductions. However, the anticipated timeline for a Federal Reserve policy shift continues to be postponed. Despite early market predictions of six rate cuts starting in March 2024, this prospect has now been deemed unlikely. The economy’s unexpected strength suggests that any immediate relief in the form of rate cuts may not materialize as previously hoped. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Retreats to Weekly Low amid Strong Job Data and Powell's Comments READ MORE Fed's Hesitation on Rate Cuts Sends Oil Markets Downward READ MORE A modern gold rush is on, as people cash in on record-high prices READ MORE HSBC: Commodity Markets Are in a ‘Super Squeeze’ READ MORE Add a Comment Cancel replyYour email address will not be published.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