๐ฅ Federal Reserve's Rate Cuts Could Be Aggressive! ๐ฅ
Exciting insights from PANews as Ira Jersey, U.S. interest rate strategist, reveals that the Federal Reserve is holding off on rate cuts until we see a softening labor market and lower tariff-related inflation. But once the decision to reduce rates is made, brace for impact! โก
๐ฎ Whatโs the Forecast?
Aggressive Rate Cuts Ahead: Jersey predicts rate cuts could drop as low as 3% by the end of this year.
The cuts are expected to come fast and fierce once the Fed acts. โก
However, the market may have misjudged the timing of these cuts, but the scale could be spot on. ๐
๐ Key Takeaways:
Labor market weakness and tariff concerns will set the stage.
Nick Timiraos, the famous 'Fed Whisperer,' has also weighed in: the April jobs report dampens the chance of a June rate cut. But donโt get too comfortable, the Fedโs next move could be quick and decisive once things align! โณ
๐ก In Summary:
Rate cuts are coming, but when and how aggressive? Thatโs the million-dollar question! ๐ต
