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The latest data suggests the Fed might wait longer than expected to start cutting rates.
It would be fair to say that most experts entered 2024 with aggressive expectations of rate cuts by the Federal Reserve, with the market pricing in a total of six rate cuts at the beginning of the year. However, recent data suggests that higher rates may stick around for a while. In this video, Fool.com contributors Matt Frankel, CFP®, and Tyler Crowe discuss what they're expecting now.
*Stock prices used were the afternoon prices of Feb. 22, 2024. The video was published on Feb. 23, 2024.
The Motley Fool has a disclosure policy. Matthew Frankel is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.
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