Strong Economic Signs Raise Doubts on Expected Fed Interest Rate Cuts

The US economy is showing strength, raising questions about whether the Fed will cut interest rates 3 times this year as predicted.

Strong jobs reports and economic data suggest the economy may not need stimulus from rate cuts.

Multiple Fed officials have recently questioned the need for rate cuts this year.

Inflation is down but still above the Fed's 2% target, a key factor in deciding on rate cuts.

Factors like immigration leading to more available workers, and businesses bringing manufacturing back to the US, may allow the economy to grow with less Fed support.