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bucolic_frolic

(50,118 posts)
1. Historically, because of time lags
Sun Dec 17, 2023, 04:58 PM
Dec 2023

Recessions begin about 6 months after the Fed first cuts interest rates. The fact that the Fed forecasts it will have room to cut interest rates in the second half of 2024 indicates it expects a soft economy at that time. So last week's Fed indication of easing was taken by Wall Street, of course, as bullish, but they see it in the long run.

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