Fed rate cuts: The last mile to tame inflation 'will be bumpy,' economist says
6,967
Published 2024-03-21
Panday notes that while the Federal Reserve dot plot did not affect the rate cuts anticipated for 2024, it did scale back expectations for 2025. He acknowledges that although the Federal Reserve currently has "optionality," the fight against inflation "is going to be bumpy." Panday expects rate cuts to be "delayed" due to continued sticky inflation data and the possibility of "more surprises."
Khanduja believes the Federal Reserve has "lowered the bar on data." He emphasizes that the Fed is aware the economy is running slightly hotter. However, the Central Bank has "maintained" confidence in their plan for rate cuts. He notes the headwinds of this approach could result in a weaker dollar and inflated risk assets.
#youtube #Fed #stockmarket
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple (apple.co/3Rten0R) or Android (bit.ly/3t8UnXO)
- Follow Yahoo Finance on social:
X: twitter.com/YahooFinance
Instagram: www.instagram.com/yahoofinance/?hl=en
TikTok: www.tiktok.com/@yahoofinance?lang=en
Facebook: www.facebook.com/yahoofinance/
LinkedIn: www.linkedin.com/company/yahoo-finance
All Comments (8)
-
How do you 'tame inflation' by CUTTING RATES? This is about getting the illusion of a good economy for the election cycle, that's all.
-
Pappa Powell said it was transitory tho SMH
-
Fed Chairman Powell knows as well as I do, and as well as anyone else knows who has any common sense, and who has even a layman's knowledge of the history of dealing with inflation, that in order for there to ever be a really lasting and effective measure taken in order to be able to deal with inflation on a permanent basis, there has absolutely got to be a return to the OPA system. The OPA system stands for the Office of Price Administration of price controls that was effectively used during and immediately after WW2 when it came to being able to tamp down the greed/avarice of corporate America back during that era, but it was done away with over the objections of President Truman by that era's corrupt, incompetent Congress. Something else that would be a very great help when it comes to dealing with inflation, would be for there to be the inclusion of the greed/avarice factor when it comes to the definition of inflation that is currently not the case, which greed/avarice factor is in fact the usual, not the only, but the usual cause for inflation. My full name is - Oscar Dean Windham.
-
Wealth transfer (from poor to rich) coming to an end?
-
What's sad, is that all their hard work may take a couple of years to see the results. If Trump is back in office, he'll take credit for it. I hope Biden stays in office so credit will be given where credit is due. And for those who think Biden was the cause of inflation. Inflation was experienced worldwide. Most likely as result of getting through and back on feet after the pandemic.
-
Don't bet against sugar daddy Powell
-
<>I have about 5% of my portifolio in AAPL stock, any advice on any other that I can grow my $200 k capital to a million dollars?
