Thursday, December 12, 2024

Inflation Isn’t Coming Down. Why the Fed Is Poised to Cut Interest Rates Anyway.

Inflation Isn’t Coming Down. Why the Fed Is Poised to Cut Interest Rates Anyway.

Snippet of Article: "...Fed-funds futures now point to a nearly 100% chance that Fed officials opt for another quarter-point cut at the Dec. 17-18 meeting. But the impetus has less to do with the specifics of Wednesday’s inflation data and more to do with the overall trajectory of economic conditions. ..."

Source: www.barrons.com

Inflation,The Federal Reserve,Interest Rates,2024,