Fed Rate Cuts Possible in 2024, But Economic Uncertainty Remains
• Interest rate cuts possible in 2024 as inflation cools, but economy still faces risks
• Robust consumer spending has kept economy resilient, but debt levels are rising
• Recession possible but likely to be mild if consumers pull back
• Election is the biggest wild card for 2024 economy
• Fed likely to cut rates in 2nd half of 2024 if conditions become recessionary