On 2024-01-03 8:28 a.m., Scream wrote:
On Tuesday, January 2, 2024 at 9:24:56 AM UTC-8, uncle_vito wrote:
On Monday, January 1, 2024 at 7:29:07 AM UTC-8, Scream wrote:
https://www.businessinsider.com/fed-rate-cut-outlook-economy-recession-forecast-2024-inflation-ubs-2023-12
If you believe that, I have a bridge to sell you.
Why not?
Fed never lies?
Do they?
The Fed did not say they would cut at all.
All they said is that if the data stays this good
they MIGHT not have to raise rates.
What some columnist on businessinsider.com says
is just his opinion.
My opinion is that if (big if) the Fed cuts rates,
it will be at most 1/4% late in the year.
Old joke: the purpose of economic forecasting is to
make astrology look good.
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