01 Mar VIEWPOINTS MARCH 2024
THE PAUSE THAT REFRESHES?
Many feared recession in 2023. Instead, the U.S. economy growth rate actually accelerated – clocking in at 3.1% after posting a 0.7% growth rate in 2022. This stronger growth and continued labor market tightness have led investors to reset expectations for Fed policy. Markets now expect the first cut in May (we think June) and four rate cuts in all of 2024 (we think three).
Read the full article here: Viewpoints March 2024
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