Reported about 1 year ago
Analysts are predicting zero rate cuts from the Fed in 2024, with RBC's Lori Calvasina indicating that a no-rate-cut scenario could lead to an 8.5% drop in the S&P 500. Despite market expectations of rate cuts earlier in the year, some are now betting on no cuts at all, which could have negative implications for stock indexes. On the other hand, some experts like Ed Yardeni suggest that leaving interest rates unchanged could be beneficial as the economy remains strong. However, others like Moody Analytics' Mark Zandi warn that maintaining high rates could result in economic strain.
Source: YAHOO