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Economy

Fiendish Thingy

(19,286 posts)

2. Don't expect a major cut

Reply to sprinkleeninow (Original post)

Mon Dec 11, 2023, 06:54 PM

Dec 2023

Probably 0.25-0.5% to start, followed by 1-2 more .25% cuts by the end of 2024.

The Fed will give borrowers a bit of breathing room, but nothing to reignite inflation, especially in housing.

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Highlight:

Finance: Goldman Sachs now sees Fed cutting rates as soon as July '24 as inflation cools [View all] sprinkleeninow Dec 2023 OP

Very much in line with David Rosenberg's take on it a couple months back bucolic_frolic Dec 2023 #1

Don't expect a major cut Fiendish Thingy Dec 2023 #2

Moreover - there's the election to consider peppertree Dec 2023 #3

That's not how the Fed works Fiendish Thingy Dec 2023 #4

I hope you're right. peppertree Dec 2023 #5