Part 3/11:
Experts suggest there's potential for the Fed to implement two rate cuts in 2024—perhaps one in September and another in December—if economic indicators like inflation, the labor market, and consumer sentiment continue to weaken. The US economy appears to be entering a soft patch, with signs of slowing growth and tentative movements in employment figures and consumer confidence. These developments have led market participants to expect inflation to further decline, thereby increasing the likelihood of interest rate reductions.