News about Fed

"Are we there yet? Are we there yet?" The highway offramp isn't as close as the markets or the Fed anticipated, and now the interest-rate road trip will last longer. W/@kate_linebaugh to break down the latest developments for the economy and Fed. 🎧 www.wsj.com/podcasts/the-journal/why-the-fed-is-steering-away-from-rate-cuts/bf8d1a02-45e0-4e51-8b14-3514ec0007c2

FED’S BOSTIC: WE WON'T BE ABLE TO REDUCE RATES UNTIL TOWARDS END OF THE YEAR

❖ INVESTORS EXPECT AT LEAST TWO FED RATE CUTS IN 2024, BOFA SURVEY FINDS Fund managers overwhelmingly--at 76% of those polled--expect two or more Federal Reserve interest rate cuts in 2024, while 8% project no rate cut at all, according to the Bank of America's monthly global…

FED'S WILLIAMS: EVENTUALLY, INTEREST RATES WILL NEED TO BE LOWER.