Fed Rate Cuts in 2024 Questioned As Economic Data Strengthens, Delay Could Impact Stocks

• Investors now questioning if Fed will cut rates in 2024 due to strong economic data suggesting no need for cuts

• Minneapolis Fed President Kashkari said no need to cut rates if economy doing well, inflation falling

• Fed Governor Bowman warned another rate hike may be needed if inflation remains sticky

• Delayed or no rate cuts in 2024 could pressure stock valuations but earnings growth can offset

• Good economic news welcomed by market if it delays recession, gives Fed ammunition to cut rates when downturn hits