Reported 1 day ago
Economist Jeffrey Roach discusses the Federal Reserve's approach to interest rates, noting that if a cut occurs in December, a subsequent cut in January is unlikely. He emphasizes the importance of data reliance but highlights the potential challenges in interpreting upcoming labor data due to revisions and weather disruptions. Roach believes that while a December cut may happen, the Fed will likely pause in January to ensure the inflation metrics are not misinterpreted.
Source: YAHOO