The Fed will likely cut interest rates 4 times next year as the economy remains resilient
Federal Reserve Board Chair Jerome Powell
Kent Nishimura / Los Angeles Times via Getty Images
- US economic growth will remain resilient next year, making the Fed cautious about rate cuts, Barclays said.
- The Fed is expected to begin a "significant" easing cycle in the second quarter of 2024.
- The central bank will likely cut by 100 basis points in 2024 and another 100 points in 2025.
US economy will remain resilient next year, making the Federal Reserve cautious about rate cuts...