Rate Cuts in 2024 Could Support Economy, Not Foreshadow Recession
-
Rate cuts don't always precede recessions - the 1995 easing didn't lead to one.
-
Inflation is falling faster than expected, so rates may be too high if left unchanged.
-
Cuts in 2024 could fine-tune policy after aggressive hikes, not warn of a recession.
-
As inflation nears 2%, cuts are needed for real rates not to rise too much.
-
Potential 2024 cuts could enable continued economic resilience, not preceded doom.