Fed's Rate Strategy for 2024: Stability Over Cuts, Says One Wall St Analyst According to Jim Bianco, a renowned Wall Street analyst, the Federal Reserve may not lower interest rates throughout 2024, deviating from earlier predictions of potential rate cuts. In a recent Bloomberg interview, Bianco shifted his stance closer to expecting no rate reductions, suggesting that the current high interest rates have not significantly harmed the economy. He challenges the notion that rates must fall to prevent economic damage, pointing out that, aside from minor issues like those in commercial real estate, the broader economy has remained resilient. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Goldman Sachs: Gold Prices Are Forecast To Rise 6% in the Next 12 Months READ MORE Rising Tide of Corporate Debt Defaults: An 80% Surge in 2023 Signals Troubling Trends Ahead READ MORE Economists Question the Recession-Predicting Power of theInverted Yield Curve READ MORE The Silver Institute: Demand Soars to Near-Record Highs in 2024 READ MORE Add a Comment Cancel replyYour email address will not be published.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