The Fed's path to stabilizing the economy: interest rate cuts on the horizon

Analysts at JPMorgan predict that the Federal Reserve (Fed) could take steps toward keeping the economy on a steady soft landing. Rates could drop below 3% to eliminate the difficult situation. What is the scenario behind these predictions?

Experts at JPMorgan $JPM predict that the Federal Reserve could take a major step in 2024, cutting interest rates to below 3%, in order to maintain a soft landing. Bob Michele, global head of fixed income at JPMorgan, said the move could be a key element in maintaining economic stability amid falling inflation.

With expectations that inflation will continue to fall, Michele sees cutting interest rates by as much as 250 basis points by the end of 2024 as a measure the Fed could take. This reduction could lead to a rate below the 3% threshold.

Michele says maintaining a soft landing is a challenge for the economy, although he acknowledges the Federal Reserve's successes to date. "I tip my hat to the Fed. They engineered a soft landing. The only way to…

Read the full article for free?
Go ahead 👇

Do you have an account? Then log in . Or create a new one .

No comments yet
Don't have an account? Join us

Log in to Bulios


Or use email and password
Already a member? Log in

Create Bulios profile

Continue with

Or use email and password
You can use lowercase letters, numbers, and underscores

Why Bulios?

One of the fastest growing investor communities in Europe

Comprehensive data on thousands of stocks from around the world

Current information from global markets and individual companies

Education and exchange of investment experience among investors

Fair prices, portfolio tracker, stock screener and other tools

Posts StockBot Tracker