Reported 4 months ago
Investors are pushing for significant cuts to the Federal Reserve's interest rates following recent mixed inflation reports and a hiring slowdown in the labor market. The Fed has held rates steady at 5.375% since July 2023, but increasing speculation suggests a potential rate cut could occur as the economy shows signs of cooling. While some inflationary pressures remain, signs indicate that a more aggressive easing approach may be necessary to support economic stability.
Source: YAHOO