Published April 19, 2024
Markets have fixated on interest rates and the Federal Reserve’s monetary policy for the past few years. Rate hikes led to the stock market’s swoon in 2022. The end of those hikes brought a new rally in 2023 that carried into the first quarter of this year. Below is a great overview from the Wall Street Journal on how economists’ views of interest rates and the economy have evolved and where they currently stand. Investors remain obsessed by the timing of the initial Fed rate cut. (more…)