Inflation-stubborn economists predict the Fed will cut interest rates three times in 2024

Recently, economists surveyed by Bloomberg agreed that despite stubborn inflation, the Federal Reserve still sticks to its forecast of three interest rate cuts in 2024. They noted that a pick-up in inflation is unlikely to change the Fed's view on three rate cuts this year and four in 2025.

Economists say the Fed will maintain its loose monetary policy despite rising inflationary pressures. They believe that the Federal Reserve will continue to implement prudent monetary policy to deal with the challenges facing the economy.

Expert opinion

Experts pointed out that although inflationary pressures will continue to exist, the Federal Reserve will respond to this challenge through appropriate policy measures. They believe that the Fed will remain vigilant to ensure stable economic growth.

market reaction

The market remains optimistic about the Federal Reserve's policy expectations, and both the stock and bond markets performed solidly. Investor confidence in the Fed's policies is very high and is expected to maintain steady growth in the coming years.

in conclusion

To sum up, despite stubborn inflation, economists believe that the Federal Reserve will stick to its forecast of three interest rate cuts in 2024. The market is optimistic about the Fed's policy performance and is expected to maintain stable growth in the future.