Fed wants ‘certainty’ before cutting rates: Moody’s Zandi
From Yahoo Finance:
Investors are eagerly awaiting key economic data like Consumer Confidence and the Personal Consumption Expenditure (PCE) index, as they try to predict when the Federal Reserve will cut interest rates. Moody’s Analytics Chief Economist, Mark Zandi, believes that the Fed may cut rates soon since it has met its targets for inflation and unemployment. However, Zandi mentions that the Fed is cautious and hesitant about rate cuts, wanting more certainty in market stability. Stay informed with expert insights and market updates on Yahoo Finance Live.
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